|
| INDEX CODE |
INDEX NAME |
CLOSING PRICE |
WEEKLY MOVE ($) |
WEEKLY MOVE (%) |
| XAO |
All Ordinaries |
4,006.6 |
23.9 |
0.6% |
| XJO |
ASX 200 |
4,051.3 |
33.3 |
0.8% |
| AMP |
AMP Limited |
$5.44 |
$0.03 |
0.6% |
| ANZ |
ANZ Banking Group Limited |
$16.29 |
-$1.07 |
-6.2% |
| BHP |
BHP Billiton Limited |
$27.93 |
-$0.06 |
-0.2% |
| BXB |
Brambles Limited |
$8.40 |
$0.46 |
5.8% |
| CBA |
Commonwealth Bank |
$40.07 |
-$0.23 |
-0.6% |
| CSL |
CSL Limited |
$36.85 |
$0.45 |
1.2% |
| FGL |
Foster's Group |
$5.94 |
$0.22 |
3.8% |
| MQG |
Maquarie Group Limited |
$30.14 |
$0.74 |
2.5% |
| NAB |
National Aust. Bank |
$22.15 |
-$1.84 |
-7.7% |
| NCM |
Newcrest Mining |
$21.69 |
$0.89 |
4.3% |
| QBE |
QBE Insurance Group |
$27.90 |
$2.40 |
9.4% |
| RIO |
Rio Tinto Limited |
$72.27 |
-$5.33 |
-6.9% |
| SGB |
St George Bank |
$28.25 |
$0.55 |
2.0% |
| SUN |
Suncorp - Metway |
$8.85 |
$0.84 |
10.5% |
| TLS |
Telstra Corporation |
$4.30 |
$0.18 |
4.4% |
| WBC |
Westpac Banking Corp |
$21.00 |
$0.72 |
3.6% |
| WDC |
Westfield Group |
$14.20 |
-$2.20 |
-13.4% |
| WES |
Wesfarmers Limited |
$22.50 |
$1.03 |
4.8% |
| WOW |
Woolworths Limited |
$29.00 |
$1.20 |
4.3% |
| WPL |
Woodside Petroleum |
$39.80 |
-$2.08 |
-5.0% |
Despite our market losing some 300 points in the past two days, it somehow managed to finish flat for the week. The All Ordinaries managed a very modest 0.6% for the week whilst the ASX200 faired slightly better up 0.8% for the same period. For the second consecutive week the benchmark ASX200 has managed a close above the psychological 4,000 point mark.
It was a week of mixed fortune for the nation’s largest companies. With ANZ and NAB going ex-dividend, both stocks were marked down heavily. ANZ fell 6.2% for the week while NAB was marked down 7.7%. However WBC, also ex-dividend this week managed to rise 3.6%. The star performer in the banking sector was Suncorp. It was up more than 10% for the week.
Resources were also mixed. While BHP was flat this week, RIO Tinto shed almost 7% and Woodside dropped 5%. The big loser of the week was Westfield. It lost more than 13% of its value for the week.
What started out to be a positive week for global markets turned out to be quite negative. The Aussie market started with a bang following the lead provided by Wall Street. Unfortunately, it followed its lead back down. For the next few months, it is extremely likely the local bourse will continue to follow the direction of the US. Alas, the volatility is set to continue. |
