Weekly ProWrap ProAcct

Summary for the week ending September 11, 2009

Indices

INDEX CODE INDEX NAME CLOSING PRICE

WEEKLY MOVE ($)

WEEKLY MOVE (%)

XAO All Ordinaries

4,596.3

153.6

3.5%
XJO ASX 200

4,596.1

160.6

3.6%

Top 20 Stocks

STOCK CODE COMPANY CLOSING PRICE

WEEKLY MOVE ($)

WEEKLY MOVE (%)

AMP AMP Limited

$6.40

$0.09

1.4%
ANZ ANZ Banking Group Limited

$22.68

$1.51

7.1%
BHP BHP Billiton Limited

$38.30

$1.68

4.6%
BXB Brambles Limited

$7.75

$0.15

2.0%
CBA Commonwealth Bank

$47.60

$1.92

4.2%
CSL CSL Limited

$34.21

$1.22

3.7%
FGL Foster's Group

$5.60

$0.27

5.1%
MQG Maquarie Group Limited

$49.75

$1.05

2.2%
NAB National Aust. Bank

$29.04

$1.83

6.7%
NCM Newcrest Mining

$34.16

$2.34

7.4%
ORG Origin Energy

$15.05

$0.33

2.2%
QBE QBE Insurance Group

$22.72

$0.74

3.4%
RIO Rio Tinto Limited

$59.23

$3.98

7.2%
SUN Suncorp - Metway

$8.13

$0.18

2.3%
TLS Telstra Corporation

$3.32

$0.04

1.2%
WBC Westpac Banking Corp

$24.52

$0.18

0.7%
WDC Westfield Group

$13.06

$0.71

5.7%
WES Wesfarmers Limited

$25.30

$0.55

2.2%
WOW Woolworths Limited

$28.56

-$0.18

-0.6%
WPL Woodside Petroleum

$48.25

$1.21

2.6%

The Wrap

Another week another 160 point gain! Last week saw both benchmark indices extend their gains by more than 3.5%. The All Ordinaries rose an impressive 153.6 points or 3.5% to close just under 4,600 points whilst the ASX 200 rallied by a similar amount up 160.6 points also closing marginally below 4,600 points.

Again the major contributors were the banks and the mining giants.

Banks
ANZ finished up 7.1% to $22.68
CBA finished up 4.2% to $47.60
Macquarie finished up 2.2% to $49.75
NAB finished up 6.7% to $29.04
WBC finished up 0.7% to $24.52

Resources
BHP finished up 4.6% to $38.30
RIO Tinto finished up 7.2% to $59.23
Woodside Petroleum finished up 2.6% to $48.25

The Australian market has risen a staggering 48% from its 3,100 point February low. It appears no one wants to be short this market. A healthy pullback is in order and will provide excellent buying opportunities for the future.

 

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