|
INDEX CODE
|
INDEX NAME
|
CLOSING PRICE
|
WEEKLY MOVE ($)
|
WEEKLY MOVE (%)
|
|
STOCK CODE
|
COMPANY
|
CLOSING PRICE
|
WEEKLY MOVE ($)
|
WEEKLY MOVE (%)
|
| AMP
|
AMP Limited
|
$5.05
|
$0.07
|
1.4%
|
| ANZ
|
ANZ Banking Group Limited
|
$16.95
|
$0.19
|
1.1%
|
| BHP
|
BHP Billiton Limited
|
$37.51
|
$2.31
|
6.6%
|
| BXB
|
Brambles Limited
|
$6.00
|
$0.12
|
2.0%
|
| CBA
|
Commonwealth Bank
|
$39.75
|
$0.26
|
0.7%
|
| CSL
|
CSL Limited
|
$29.49
|
-$0.37
|
-1.2%
|
| FGL
|
Foster's Group
|
$5.52
|
$0.09
|
1.7%
|
| MQG
|
Maquarie Group Limited
|
$40.00
|
$2.07
|
5.5%
|
| NAB
|
National Aust. Bank
|
$22.27
|
-$1.52
|
-6.4%
|
| NCM
|
Newcrest Mining
|
$30.68
|
-$0.27
|
-0.9%
|
| ORG
|
Origin Energy
|
$14.84
|
$0.46
|
3.2%
|
| QBE
|
QBE Insurance Group
|
$19.38
|
-$0.67
|
-3.3%
|
| RIO
|
Rio Tinto Limited
|
$57.55
|
$5.07
|
9.7%
|
| SUN
|
Suncorp - Metway
|
$6.85
|
-$0.08
|
-1.2%
|
| TLS
|
Telstra Corporation
|
$3.47
|
$0.12
|
3.6%
|
| WBC
|
Westpac Banking Corp
|
$20.09
|
-$0.17
|
-0.8%
|
| WDC
|
Westfield Group
|
$11.25
|
-$0.20
|
-1.7%
|
| WES
|
Wesfarmers Limited
|
$25.22
|
$1.67
|
7.1%
|
| WOW
|
Woolworths Limited
|
$26.11
|
-$1.08
|
-4.0%
|
| WPL
|
Woodside Petroleum
|
$44.49
|
$1.89
|
4.4%
|
Again the Aussie market finished higher last week with both the All Ordinaries and the ASX 200 in positive territory by more than 2%. Both benchmark indices settled above the psychological 4,000 point level.
NAB bucked the trend last week falling $1.52 or more than 6% to $22.27 after the company announced a $2.75 billion capital raising. ANZ, CBA and WBC were little changed all fluctuating by around 1% for the week. Macquarie Bank had a stellar week up 5.5% to close at $40.00 even whilst Suncorp – Metway fell 1.2% to $6.85.
Resources yet again dragged the overall market higher with both BHP Billiton and rival RIO Tinto up solidly for the week. BHP rose 6.6% to $37.51 whilst RIO Tinto soared 9.7% to close the week out at $57.55. Woodside Petroleum wasn’t left behind either. It performed well rising 4.4% to $44.49.
I have been suggesting for the past couple of weeks that we are due for a pullback in both global and local markets. It may not have happened yet however, given the strong rally we have experienced in recent times, a selloff in the near term is still quite possible.
