| INDEX CODE |
INDEX NAME |
CLOSING PRICE |
WEEKLY MOVE ($) |
WEEKLY MOVE (%) |
| XAO |
All Ordinaries |
3,353.0 |
-143.7 |
-4.1% |
| XJO |
ASX 200 |
3,402.4 |
-156.7 |
-4.4% |
| AMP |
AMP Limited |
$4.85 |
-$0.35 |
-6.7% |
| ANZ |
ANZ Banking Group Limited |
$12.45 |
-$0.51 |
-3.9% |
| BHP |
BHP Billiton Limited |
$30.51 |
-$2.19 |
-6.7% |
| BXB |
Brambles Limited |
$4.90 |
-$1.50 |
-23.4% |
| CBA |
Commonwealth Bank |
$29.57 |
-$1.83 |
-5.8% |
| CSL |
CSL Limited |
$36.80 |
$0.80 |
2.2% |
| FGL |
Foster's Group |
$5.45 |
$0.05 |
0.9% |
| MQG |
Maquarie Group Limited |
$20.65 |
-$3.43 |
-14.2% |
| NAB |
National Aust. Bank |
$18.01 |
-$0.44 |
-2.4% |
| NCM |
Newcrest Mining |
$33.03 |
-$1.64 |
-4.7% |
| ORG |
Origin Energy |
$12.90 |
-$0.80 |
-5.8% |
| QBE |
QBE Insurance Group |
$20.74 |
-$3.12 |
-13.1% |
| RIO |
Rio Tinto Limited |
$50.29 |
-$0.71 |
-1.4% |
| SUN |
Suncorp - Metway |
$5.31 |
-$0.42 |
-7.3% |
| TLS |
Telstra Corporation |
$3.71 |
$0.04 |
1.1% |
| WBC |
Westpac Banking Corp |
$16.38 |
-$0.57 |
-3.4% |
| WDC |
Westfield Group |
$10.10 |
-$0.67 |
-6.2% |
| WES |
Wesfarmers Limited |
$17.79 |
$1.64 |
10.2% |
| WOW |
Woolworths Limited |
$27.62 |
-$0.18 |
-0.6% |
| WPL |
Woodside Petroleum |
$33.37 |
$0.47 |
1.4% |
It has become a way of life for equity markets rather than once off occurrences. Again we saw the local bourse in negative territory last week with the All Ordinaries off 4.1% and the ASX 200 by a similar amount down by 4.4%.
Resources had a mixed week the BHP falling almost 7%, Newcrest Mining down by nearly 5% and RIO Tinto around 1.5%. On the plus side, Woodside Petroleum had a better week rising 1.4%. Miners and Energy stocks will almost certainly maintain their trading volatility as they continue to pin their hopes on the Chinese growth story.
It was another poor performance for the banking sector last week. Macquarie Bank was by far the worst performer down by more than 14% and Suncorp-Metway was marked down over 7%. Of the majors, CBA fair worst down nearly 6%, ANZ by almost 4%, WBC by 3.4% and NAB slightly better although still down 2.4%.
It was a pretty average week however the debt laden WES was a standout. It finally delivered a solid performance rising more than 10%.
Investors continue to sit on the sidelines fearing the worst for global stock markets is still ahead of us. It appears at this stage that 2009 may continue to plague investors in the same fashion it did in 2008.
