|
|
INDEX CODE
|
INDEX NAME
|
CLOSING PRICE
|
WEEKLY MOVE ($)
|
WEEKLY MOVE (%)
|
| XAO
|
All Ordinaries
|
3,452.5
|
25.3
|
0.7%
|
| XJO
|
ASX 200
|
3,510.4
|
20.5
|
0.6%
|
| AMP
|
AMP Limited
|
$5.05
|
-$0.11
|
-2.1%
|
| ANZ
|
ANZ Banking Group Limited
|
$14.56
|
-$0.04
|
-0.3%
|
| BHP
|
BHP Billiton Limited
|
$28.82
|
$2.67
|
10.2%
|
| BXB
|
Brambles Limited
|
$6.97
|
-$0.43
|
-5.8%
|
| CBA
|
Commonwealth Bank
|
$28.15
|
-$2.75
|
-8.9%
|
| CSL
|
CSL Limited
|
$29.20
|
-$2.37
|
-7.5%
|
| FGL
|
Foster's Group
|
$5.35
|
-$0.05
|
-0.9%
|
| MQG
|
Maquarie Group Limited
|
$28.25
|
-$1.83
|
-6.1%
|
| NAB
|
National Aust. Bank
|
$19.10
|
-$0.71
|
-3.6%
|
| NCM
|
Newcrest Mining
|
$28.11
|
$3.03
|
12.1%
|
| QBE
|
QBE Insurance Group
|
$23.94
|
-$0.89
|
-3.6%
|
| RIO
|
Rio Tinto Limited
|
$36.21
|
$4.21
|
13.2%
|
| ORG
|
Origin Energy
|
$15.92
|
$0.19
|
1.2%
|
| SUN
|
Suncorp - Metway
|
$7.66
|
-$0.21
|
-2.7%
|
| TLS
|
Telstra Corporation
|
$4.13
|
$0.01
|
0.2%
|
| WBC
|
Westpac Banking Corp
|
$16.03
|
-$0.82
|
-4.9%
|
| WDC
|
Westfield Group
|
$13.55
|
$0.33
|
2.5%
|
| WES
|
Wesfarmers Limited
|
$15.32
|
-$1.19
|
-7.2%
|
| WOW
|
Woolworths Limited
|
$25.00
|
-$1.09
|
-4.2%
|
| WPL
|
Woodside Petroleum
|
$33.06
|
$2.60
|
8.5%
|
It could have been a lot worse. The local market actually finished in the black this week although one could be excused for feeling like it was another terrible week. The buying has all but dried up and as a consequence, volatility is exacerbated. The All Ordinaries finished up 0.6% for the week and the ASX200 up 0.8%.
It was the major banks yet again coming under pressure this week with all the big 4 down between 0.3% and 8.9%. ANZ was the best performer while NAB fell 3.6% and WBC shed 4.9%. CBA was the worst performer falling almost 9% for the week.
After a horrible run over the past few weeks, RIO Tinto had a much more respectable performance rising more than 13%. BHP wasn’t left behind either; it managed to close more than 10% higher for the week. Other resources also faired well with Woodside rising a healthy 8.5% and Newcrest Mining a very solid 12.2%.
The last several months have been tumultuous to say the least. Global markets have traded in unprecedented ranges and volatility continues to bog down investors. Central banks around the world have slashed interest rates and governments have announced enormous stimulus packages in order to prop up their economies. Unfortunately, markets have not responded… yet! But they will! Alas, we continue to wait for the fear to abate.
|
