Weekly ProWrap ProAcct

Summary for the week ending February 26, 2010

Indices

INDEX CODE INDEX NAME CLOSING PRICE

WEEKLY MOVE ($)

WEEKLY MOVE (%)

XAO All Ordinaries

4,651.1

-5.2

-0.1%
XJO ASX 200

4,637.7

2.6

0.1%

Top 20 Stocks

STOCK CODE COMPANY CLOSING PRICE

WEEKLY MOVE ($)

WEEKLY MOVE (%)

AMP

AMP Limited

$5.94

-$0.36

-5.7%
ANZ ANZ Banking Group Limited

$23.14

$1.18

5.4%
BHP BHP Billiton Limited

$41.10

$0.10

0.2%
BXB Brambles Limited

$6.94

$0.13

1.9%
CBA Commonwealth Bank

$53.92

$1.11

2.1%
CSL CSL Limited

$34.39

$0.32

0.9%
FGL Foster's Group

$5.39

-$0.11

-2.0%
MQG Macquarie Group Limited

$45.26

-$0.99

-2.1%
NAB National Aust. Bank

$25.44

$0.19

0.8%
NCM Newcrest Mining

$31.34

-$0.46

-1.4%
ORG Origin Energy

$16.81

$0.42

2.6%
QBE

QBE Insurance Group

$21.40

-$1.95

-8.4%
RIO Rio Tinto Limited

$70.50

-$0.50

-0.7%
SUN Suncorp - Metway

$8.54

-$0.46

-5.1%
TLS Telstra Corporation

$2.97

-$0.19

-6.0%
WBC Westpac Banking Corp

$26.13

$0.67

2.6%
WDC Westfield Group

$12.02

$0.46

4.0%
WES Wesfarmers Limited

$31.13

-$0.07

-0.2%
WOW Woolworths Limited

$26.84

$1.02

4.0%
WPL Woodside Petroleum

$43.37

-$0.24

-0.6%

The Wrap

The Aussie market finished flat last week after a fairly volatile trading period. The All Ordinaries closed at 4,651; just 5 points lower than last week. The ASX 200 settled at 4,638; it traded higher by less than 3 points.

The major banks had a better week with the exception of Macquarie whilst the miners suffered minimal losses of less than 1%.

Banks
ANZ finished up 5.4% to $23.14
CBA finished up 2.1% to $53.92
Macquarie finished down 2.1% to $45.26
NAB finished up 0.8% to $25.44
WBC finished up 2.6% to $26.13

Resources
BHP finished up 0.2% to $41.10
RIO Tinto finished down 0.7% to $70.50
Woodside Petroleum finished down 0.6% to $43.37

With the reporting season coming to a close, our market will once again focus its attention on overseas markets, namely the US. After what has been a sizable correction, global markets could be set for a rebound this month.

 

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