|
|
INDEX CODE
|
INDEX NAME
|
CLOSING PRICE
|
WEEKLY MOVE ($)
|
WEEKLY MOVE (%)
|
| XAO
|
All Ordinaries
|
3,407.5
|
0.0
|
0.0%
|
| XJO
|
ASX 200
|
3,469.9
|
0.0
|
0.0%
|
| AMP
|
AMP Limited
|
$5.09
|
$0.00
|
0.0%
|
| ANZ
|
ANZ Banking Group Limited
|
$12.30
|
$0.00
|
0.0%
|
| BHP
|
BHP Billiton Limited
|
$32.23
|
$0.00
|
0.0%
|
| BXB
|
Brambles Limited
|
$6.30
|
$0.00
|
0.0%
|
| CBA
|
Commonwealth Bank
|
$29.70
|
$0.00
|
0.0%
|
| CSL
|
CSL Limited
|
$36.70
|
$0.00
|
0.0%
|
| FGL
|
Foster's Group
|
$5.25
|
$0.00
|
0.0%
|
| MQG
|
Maquarie Group Limited
|
$23.39
|
$0.00
|
0.0%
|
| NAB
|
National Aust. Bank
|
$18.50
|
$0.00
|
0.0%
|
| NCM
|
Newcrest Mining
|
$31.88
|
$0.00
|
0.0%
|
| ORG
|
Origin Energy
|
$14.00
|
$0.00
|
0.0%
|
| QBE
|
QBE Insurance Group
|
$23.14
|
$0.00
|
0.0%
|
| RIO
|
Rio Tinto Limited
|
$46.75
|
$0.00
|
0.0%
|
| SUN
|
Suncorp - Metway
|
$7.13
|
$0.00
|
0.0%
|
| TLS
|
Telstra Corporation
|
$3.71
|
$0.00
|
0.0%
|
| WBC
|
Westpac Banking Corp
|
$16.50
|
$0.00
|
0.0%
|
| WDC
|
Westfield Group
|
$10.60
|
$0.00
|
0.0%
|
| WES
|
Wesfarmers Limited
|
$15.50
|
$0.00
|
0.0%
|
| WOW
|
Woolworths Limited
|
$27.95
|
$0.00
|
0.0%
|
| WPL
|
Woodside Petroleum
|
$32.00
|
$0.00
|
0.0%
|
Welcome back to the Wrap for 2009. I wish I had better news for you but the truth is, not much has changed. Whilst our market settled somewhat over the Christmas break, it appears to be up to its old tricks again. The global financial crisis isn’t going away any time soon and I’m afraid as long as the poor economic data continues to flow through, our market will keep tracking sideways at best.
As I have mentioned in previous commentaries, the fear that has gripped the financial markets across the world has been unprecedented. Regardless of government intervention, (and there has been an enormous amount of that) investors will take some time before they feel comfortable investing again. The sheer force of these global market falls has left some rather deep wounds and the unfortunate reality is some of these wounds will never heal.
Enough with the negativity! My thoughts have not changed for those willing to take a long term view. This crisis WILL present an opportunity for investors. Giving the market time to recover is about the best advice I can give you. Over 100 years of history suggests I will be proven right.
It is difficult to know what to expect over the next 12 months. However, given the ASX200 has just about halved in value over the last year, it is quite possible further falls may be contained. This could very well prove to be the single best time to start investing for your future!
|
