|
| INDEX CODE |
INDEX NAME |
CLOSING PRICE |
WEEKLY MOVE ($) |
WEEKLY MOVE (%) |
| XAO |
All Ordinaries |
4,754.5 |
148.4 |
3.2% |
| XJO |
ASX 200 |
4,752.9 |
151.2 |
3.3% |
| STOCK CODE |
COMPANY |
CLOSING PRICE |
WEEKLY MOVE ($) |
WEEKLY MOVE (%) |
| AMP |
AMP Limited |
$6.79 |
$0.64 |
10.4% |
| ANZ |
ANZ Banking Group Limited |
$24.62 |
$1.01 |
4.3% |
| BHP |
BHP Billiton Limited |
$37.85 |
$1.65 |
4.6% |
| BXB |
Brambles Limited |
$7.10 |
-$0.68 |
-8.7% |
| CBA |
Commonwealth Bank |
$53.16 |
$3.16 |
6.3% |
| CSL |
CSL Limited |
$31.82 |
-$1.38 |
-4.2% |
| FGL |
Foster's Group |
$5.61 |
$0.07 |
1.3% |
| MQG |
Macquarie Group Limited |
$57.40 |
$2.60 |
4.7% |
| NAB |
National Aust. Bank |
$31.60 |
$1.75 |
5.9% |
| NCM |
Newcrest Mining |
$35.72 |
$4.10 |
13.0% |
| ORG |
Origin Energy |
$16.18 |
$0.18 |
1.1% |
| QBE |
QBE Insurance Group |
$22.80 |
-$0.70 |
-3.0% |
| RIO |
Rio Tinto Limited |
$61.50 |
$4.31 |
7.5% |
| SUN |
Suncorp - Metway |
$9.08 |
$0.58 |
6.8% |
| TLS |
Telstra Corporation |
$3.16 |
-$0.06 |
-1.9% |
| WBC |
Westpac Banking Corp |
$26.12 |
$1.02 |
4.1% |
| WDC |
Westfield Group |
$13.30 |
$0.14 |
1.1% |
| WES |
Wesfarmers Limited |
$26.30 |
$0.79 |
3.1% |
| WOW |
Woolworths Limited |
$28.85 |
-$0.06 |
-0.2% |
| WPL |
Woodside Petroleum |
$50.57 |
-$0.85 |
-1.7% |
Again the market rallied after falling 2.4% the previous week. Both the All Ordinaries and the ASX 200 rocketed 3.3% last week thanks to solid performances form both the banking sector and the mining giants. Both indices closed above the 4,750 point mark. It seems there is no limit how high this market can go! Fund managers clearly don’t want to remain in cash and miss this bull market rally.
Whilst the miners had a good week, it was once again the big banks that lead the way.
Banks ANZ finished up 4.3% to $24.62 CBA finished up 6.3% to $53.16 Macquarie finished up 4.7% to $57.40 NAB finished up 5.9% to $31.60 WBC finished up 4.1% to $26.12
Resources BHP finished up 4.6% to $37.85 RIO Tinto finished up 7.5% to $61.50 Woodside Petroleum finished down 1.7% to $50.57
A breather is surely due… if not this week or the week after then perhaps the week after next. In any case, we continue to believe any pullback will present solid long term buying opportunities. |