| INDEX CODE |
INDEX NAME |
CLOSING PRICE |
WEEKLY MOVE ($) |
WEEKLY MOVE (%) |
| XAO |
All Ordinaries |
3,982.7 |
151.1 |
3.9% |
| XJO |
ASX 200 |
4,018.0 |
148.6 |
3.8% |
| STOCK CODE |
COMPANY |
CLOSING PRICE |
WEEKLY MOVE ($) |
WEEKLY MOVE (%) |
| AMP |
AMP Limited |
$5.41 |
-$0.28 |
-4.9% |
| ANZ |
ANZ Banking Group Limited |
$17.36 |
-$0.19 |
-1.1% |
| BHP |
BHP Billiton Limited |
$27.99 |
$3.61 |
14.8% |
| BXB |
Brambles Limited |
$7.94 |
$0.10 |
1.3% |
| CBA |
Commonwealth Bank |
$40.30 |
-$0.54 |
-1.3% |
| CSL |
CSL Limited |
$36.40 |
$1.51 |
4.3% |
| FGL |
Foster's Group |
$5.72 |
$0.67 |
13.3% |
| MQG |
Maquarie Group Limited |
$29.40 |
$0.65 |
2.3% |
| NAB |
National Aust. Bank |
$23.99 |
-$0.71 |
-2.9% |
| NCM |
Newcrest Mining |
$20.80 |
$3.35 |
19.2% |
| QBE |
QBE Insurance Group |
$25.50 |
$0.10 |
0.4% |
| RIO |
Rio Tinto Limited |
$77.60 |
$13.50 |
21.1% |
| SGB |
St George Bank |
$27.70 |
$0.99 |
3.7% |
| SUN |
Suncorp - Metway |
$8.01 |
-$0.37 |
-4.4% |
| TLS |
Telstra Corporation |
$4.12 |
$0.09 |
2.2% |
| WBC |
Westpac Banking Corp |
$20.28 |
-$0.38 |
-1.8% |
| WDC |
Westfield Group |
$16.40 |
$3.06 |
22.9% |
| WES |
Wesfarmers Limited |
$21.47 |
$1.03 |
5.0% |
| WOW |
Woolworths Limited |
$27.80 |
$1.72 |
6.6% |
| WPL |
Woodside Petroleum |
$41.88 |
$2.67 |
6.8% |
An up week! Not a huge one but a positive one nonetheless. The local market ended the week higher with the All Ordinaries up by 3.9% and the ASX200 by 3.8%. In yet another tumultuous week that continued to see our market swing sharply, the ASX200 managed to close above 4,000 points to settle at 4,018.
We witnessed some very big moves over the week with the likes of both Westfield and Newcrest Mining reversing last week’s big losses. Westfield rose 23% while Newcrest added a healthy 19%. The big miners weren’t left out either this week. RIO Tinto returned a solid result adding 21% whilst its major competitor BHP also strengthened rising almost 15%. Woodside Petroleum also lifted up a further 7% on top of the 9% it added last week.
However, it wasn’t such a rosy picture for the banks. All four major banks fell for the week with the NAB leading the charge. It was lower by 3%. CBA, WBC and ANZ were all lower by more than 1%. Both St. George and Macquarie Bank managed to buck the trend though, with rises of 3.7% and 2.3% respectively.
Have we seen the bottom? We continue to search for the question yet the answer continues to allude us. With a 4% rise this week, the Australian equity market holds a glimmer of hope.
