|
INDEX CODE
|
INDEX NAME
|
CLOSING PRICE
|
WEEKLY MOVE ($)
|
WEEKLY MOVE (%)
|
| XAO
|
All Ordinaries
|
3,296.9
|
-56.1
|
-1.7%
|
| XJO
|
ASX 200
|
3,344.5
|
-57.9
|
-1.7%
|
| AMP
|
AMP Limited
|
$4.83
|
-$0.02
|
-0.4%
|
| ANZ
|
ANZ Banking Group Limited
|
$13.31
|
$0.86
|
6.9%
|
| BHP
|
BHP Billiton Limited
|
$28.83
|
-$1.68
|
-5.5%
|
| BXB
|
Brambles Limited
|
$4.62
|
-$0.28
|
-5.7%
|
| CBA
|
Commonwealth Bank
|
$29.80
|
$0.23
|
0.8%
|
| CSL
|
CSL Limited
|
$36.66
|
-$0.14
|
-0.4%
|
| FGL
|
Foster's Group
|
$5.51
|
$0.06
|
1.1%
|
| MQG
|
Maquarie Group Limited
|
$16.98
|
-$3.67
|
-17.8%
|
| NAB
|
National Aust. Bank
|
$17.88
|
-$0.13
|
-0.7%
|
| NCM
|
Newcrest Mining
|
$30.98
|
-$2.05
|
-6.2%
|
| ORG
|
Origin Energy
|
$13.60
|
$0.70
|
5.4%
|
| QBE
|
QBE Insurance Group
|
$19.06
|
-$1.68
|
-8.1%
|
| RIO
|
Rio Tinto Limited
|
$47.25
|
-$3.04
|
-6.0%
|
| SUN
|
Suncorp - Metway
|
$5.26
|
-$0.05
|
-0.9%
|
| TLS
|
Telstra Corporation
|
$3.55
|
-$0.16
|
-4.3%
|
| WBC
|
Westpac Banking Corp
|
$16.89
|
$0.51
|
3.1%
|
| WDC
|
Westfield Group
|
$10.65
|
$0.55
|
5.4%
|
| WES
|
Wesfarmers Limited
|
$17.60
|
-$0.19
|
-1.1%
|
| WOW
|
Woolworths Limited
|
$26.14
|
-$1.48
|
-5.4%
|
| WPL
|
Woodside Petroleum
|
$35.80
|
$2.43
|
7.3%
|
It has become a common theme over the past 18 months whereby investors have felt like they’ve been taking one step forward and three steps back. It was yet another down week last week with the All Ordinaries down 1.7% and the ASX 200 also down 1.7%.
We were again led down by the big resource stock. BHP fell 5.5% for the week whilst RIO Tinto and Newcrest Mining shed 6.0%. For the second week in a row, Woodside Petroleum bucked the trend with a solid result rising more than 7.0%.
Aussie banks had more of a stable week. CBA, NAB and Suncorp-Metway were virtually unchanged for the week rising or falling by less than 1%. WBC managed a stronger result rising more than 3.0%. The star performer in the sector was ANZ rising nearly 7%. On the negative side, Macquarie Bank came under pressure yet again falling almost 18% for the week. It is worth noting that Macquarie has now falling more than 80% in value since its share price reached nearly $100 some 18 months ago.
Last week saw ANZ report to the market that it was set to slash its dividend by around 25%. With much of the uncertainty removed with respect to its dividend and the fact that a cut in its dividend had largely been factored into the share price, ANZ enjoyed a stronger week on the local bourse. Perhaps as more companies slash their dividends and uncertainty is removed, more stability may finds its way into our market.
