|
| INDEX CODE |
INDEX NAME |
CLOSING PRICE |
WEEKLY MOVE ($) |
WEEKLY MOVE (%) |
| XAO |
All Ordinaries |
4,646.9 |
-212.8 |
-4.4% |
| XJO |
ASX 200 |
4,643.2 |
-216.2 |
-4.4% |
| STOCK CODE |
COMPANY |
CLOSING PRICE |
WEEKLY MOVE ($) |
WEEKLY MOVE (%) |
| AMP |
AMP Limited |
$5.95 |
-$0.43 |
-6.7% |
| ANZ |
ANZ Banking Group Limited |
$23.06 |
-$0.79 |
-3.3% |
| BHP |
BHP Billiton Limited |
$37.45 |
-$2.75 |
-6.8% |
| BXB |
Brambles Limited |
$7.12 |
-$0.16 |
-2.2% |
| CBA |
Commonwealth Bank |
$52.25 |
-$3.99 |
-7.1% |
| CSL |
CSL Limited |
$31.50 |
-$0.67 |
-2.1% |
| FGL |
Foster's Group |
$5.49 |
-$0.09 |
-1.6% |
| MQG |
Macquarie Group Limited |
$50.00 |
-$3.24 |
-6.1% |
| NAB |
National Aust. Bank |
$29.85 |
-$1.06 |
-3.4% |
| NCM |
Newcrest Mining |
$32.30 |
-$3.17 |
-8.9% |
| ORG |
Origin Energy |
$16.07 |
-$0.41 |
-2.5% |
| QBE |
QBE Insurance Group |
$22.77 |
-$0.68 |
-2.9% |
| RIO |
Rio Tinto Limited |
$63.78 |
-$3.72 |
-5.5% |
| SUN |
Suncorp - Metway |
$8.66 |
-$0.74 |
-7.9% |
| TLS |
Telstra Corporation |
$3.32 |
$0.13 |
4.1% |
| WBC |
Westpac Banking Corp |
$26.37 |
-$0.93 |
-3.4% |
| WDC |
Westfield Group |
$12.27 |
-$0.90 |
-6.8% |
| WES |
Wesfarmers Limited |
$28.09 |
-$0.17 |
-0.6% |
| WOW |
Woolworths Limited |
$28.63 |
-$0.68 |
-2.3% |
| WPL |
Woodside Petroleum |
$47.70 |
-$4.10 |
-7.9% |
The Australian market was sold off last week despite Friday’s 1.5% gain on the back of some very positive GDP figures released in the US. Both the All Ordinaries and the ASX 200 fell 4.4% to close below 4,650 points after having traded above 4,850 the previous week. No sector was spared as the market heavy weights all fell sharply.
The banking sector along with the world’s largest miners were all marked down as global markets retreated last week.
Banks ANZ finished down 3.3% to $23.06 CBA finished down 7.1% to $52.25 Macquarie finished down 6.1% to $50.00 NAB finished down 3.4% to $29.85 WBC finished down 3.4% to $26.37
Resources BHP finished down 6.8% to $37.45 RIO Tinto finished down 5.5% to $63.78 Woodside Petroleum finished down 7.9% to $47.70
After such a meteoric rise in equity markets around the world, a breather was no doubt in order. Our market will continue to consolidate as profit taking may be the common theme over the coming weeks. |