Weekly ProWrap ProAcct

Summary for the Week Ending Friday July 29, 2011

Indices

INDEX
CODE

INDEX NAME
CLOSING
 PRICE   

WEEKLY 
MOVE   
 ($)      

WEEKLY 
MOVE   
(%)     

XAO
XJO
All Ordinaries
ASX 200
4,500.5
4,424.6
-173.6
-178.3
-3.7% 
-3.9% 

Top 20 Stocks

STOCK
CODE

COMPANY
CLOSING
PRICE  

WEEKLY
 MOVE  
($)     

WEEKLY  
 MOVE    
(%)     

AMP
ANZ
AMP Limited
ANZ Banking Group Limited
$4.56
$20.83
-$0.24
-$0.90
-5.0% 
-4.1% 
BHP BHP Billiton Limited $41.42 -$2.01 -4.6%  
BXB Brambles Limited $6.93 -$0.40 -5.5% 
CBA Commonwealth Bank $49.27 -$1.25 -2.5% 
CSL CSL Limited $30.69 -$2.61 -7.8% 
FGL Foster's Group $5.05 -$0.06 -1.2% 
MQG Macquarie Group Limited $27.57 -$2.49 -8.3% 
NAB National Aust. Bank $24.00 -$1.22 -4.8% 
NCM Newcrest Mining $39.55 -$0.47 -1.2% 
ORG Origin Energy $14.69 -$0.58 -3.8% 
QBE QBE Insurance Group $16.40 -$0.93 -5.4% 
RIO Rio Tinto Limited $80.00 -$2.50 -3.0% 
SUN Suncorp - Metway $7.40 -$0.33 -4.3% 
TLS Telstra Corporation $2.99 -$0.07 -2.3% 
WBC Westpac Banking Corp $20.42 -$1.18 -5.5% 
WDC Westfield Group $7.96 -$0.28 -3.4% 
WES Wesfarmers Limited $29.32 -$1.89 -6.1% 
WOW Woolworths Limited $26.94 -$0.90 -3.2% 
WPL Woodside Petroleum $38.35 -$1.45 -3.6% 

The Wrap

To call this market a ‘dog’ is an insult to man’s best friend.  This weak, abject institution is so gripped with fear, it quivers at the very thought of trouble offshore.

The insignificant Australian market on a global scale lost another 4% last week.  Although it managed a 3% rise in the previous week, it peeled off 4% the week before that.  That makes it a combined 5% thrashing in the past 3 weeks.

Banks
ANZ finished down 4.1% to $20.83
CBA finished down 2.5% to $49.27
Macquarie finished down 8.3% to $27.57
NAB finished down 4.8% to $24.00
WBC finished down 5.5% to $20.42

Resources
BHP finished down 4.6% to $41.42
RIO Tinto finished down 3.0% to $80.00
Woodside Petroleum finished down 3.6% to $38.35

It’s no wonder investors are throwing their arms in the air!

 

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