Weekly ProWrap ProAcct

Summary for the week ending April 23, 2010

Indices

INDEX CODE INDEX NAME CLOSING PRICE

WEEKLY MOVE ($)

WEEKLY MOVE (%)

XAO All Ordinaries

4,913.5

-93.8

-1.9%
XJO ASX 200

4,881.5

-103 . 2

-2.1%

Top 20 Stocks

STOCK CODE COMPANY CLOSING PRICE

WEEKLY MOVE ($)

WEEKLY MOVE (%)

AMP AMP Limited

$6.29

-$0.17

-2.6%
ANZ ANZ Banking Group Limited

$25.20

-$0.49

-1.9%
BHP BHP Billiton Limited

$41.97

-$1.57

-3.6%
BXB Brambles Limited

$7.38

$0.06

0.8%
CBA Commonwealth Bank

$58.20

-$1.63

-2.7%
CSL CSL Limited

$33.94

-$3.11

-8.4%
FGL Foster's Group

$5.41

-$0.05

-0.9%
MQG

Macquarie Group Limited

$50.00

-$1.59

-3.1%
NAB National Aust. Bank

$28.25

-$0.12

-0.4%
NCM Newcrest Mining

$34.20

-$0.41

-1.2%
ORG Origin Energy

$16.42

-$0.08

-0.5%
QBE QBE Insurance Group

$21.62

-$0.48

-2.2%
RIO Rio Tinto Limited

$76.45

-$3.22

-4.0%
SUN Suncorp - Metway

$8.98

-$0.18

-2.0%
TLS Telstra Corporation

$3.19

$0.06

1.9%
WBC

Westpac Banking Corp

$27.30

-$0.88

-3.1%
WDC Westfield Group

$12.49

-$0.06

-0.5%
WES

Wesfarmers Limited

$30.09

-$2.30

-7.1%
WOW Woolworths Limited

$26.82

-$0.46

-1.7%
WPL Woodside Petroleum

$46.31

-$0.41

-0.9%

The Wrap

The Australian market finished lower last week; the first time after 10 straight weeks of positive returns. The All Ordinaries closed down 1.9% to 4,913.5 points whilst the ASX 200 settled at 4,881.5 points.

There were falls across the board with all the major banks and big miners suffering losses.

Banks
ANZ finished down 1.9% to $25.20
CBA finished down 2.7% to $58.20
Macquarie finished down 3.1% to $50.00
NAB finished down 0.4% at $28.25
WBC finished down 3.1% to $27.30

Resources
BHP finished down 3.6% to $41.97
RIO Tinto finished down 4.0% to $76.45
Woodside Petroleum down 0.9% to $46.31

Finally the Aussie market retreated last week. It’s possible that there is further downside risk over the coming weeks. However, long term buying opportunities remain the common theme.

 

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