Weekly ProWrap ProAcct

Summary for the week ending Friday August 19, 2011

Indices

 
INDEX
CODE

INDEX NAME

CLOSING
 PRICE   

WEEKLY 
MOVE   
 ($)      

WEEKLY
MOVE   
(%)     

 
XAO All Ordinaries 4,171.9   -66.0  -1.6% 
XJO ASX 200 4,101.9   -70.7  -1.7% 


Top 20 Stocks

 
STOCK
CODE

COMPANY

CLOSING
PRICE  

WEEKLY
 MOVE  
($)     

WEEKLY
 MOVE  
(%)    

  
AMP AMP Limited

$4.11

$0.13

3.3%

ANZ ANZ Banking Group Limited $19.50 -$0.42 -2.1%
BHP BHP Billiton Limited $37.50 -$0.71 -1.9%
BXB Brambles Limited $6.65 $0.25 3.9%
CBA Commonwealth Bank $45.96 -$2.60 -5.4%
CSL CSL Limited $27.27 -$1.90 -6.5%
FGL Foster's Group $4.93 $0.02 0.4%
MQG Macquarie Group Limited $23.86 $0.28 1.2%
NAB National Aust. Bank $22.40 -$0.56 -2.4%
NCM Newcrest Mining $39.54 -$1.19 -2.9%
ORG Origin Energy $13.39 -$0.49 -3.5%
QBE QBE Insurance Group $12.98 -$0.21 -1.6%
RIO Rio Tinto Limited $69.42 -$2.10 -2.9%
SUN Suncorp - Metway $7.00 $0.14 2.0%
TLS Telstra Corporation $3.07 $0.02 0.7%
WBC Westpac Banking Corp $19.65 -$0.82 -4.0%
WDC Westfield Group $7.75 $0.20 2.6%
WES Wesfarmers Limited $29.83 $1.08 3.8%
WOW Woolworths Limited $26.47 $0.71 2.8%
WPL Woodside Petroleum $35.44 -$1.61 -4.3%

The Wrap

After a very volatile week, the local stock market settled 1.7% lower.  The ASX 200 barely managed to hold above 4,100 points.

Stocks were down across the board with the exception of Macquarie Bank.  Again the miners and the banks took a hammering.  It seems there is nowhere to hide at the moment.

Banks
ANZ finished down 2.1% to $19.50
CBA finished down 5.4% to $45.96
Macquarie finished up 1.2% to $23.86
NAB finished down 2.4% to $22.40
WBC finished down 4.0% to $19.65

Resources
BHP finished down 1.9% to $37.50
RIO Tinto finished down 2.9% to $69.42
Woodside Petroleum finished down 4.3% to $35.44

Yet again the markets will look for leads from Wall Street and of course Europe.  Unfortunately, volatility is set to continue.

 

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