Weekly ProWrap ProAcct

Summary for the week ending July 9, 2010

Indices

INDEX CODE INDEX NAME CLOSING PRICE

WEEKLY MOVE ($)

WEEKLY MOVE (%)

XAO All Ordinaries 4,414.5 149.6 3.5%
XJO ASX 200 4,396.3 157.6 3.7%

Top 20 Stocks

STOCK CODE COMPANY CLOSING PRICE

WEEKLY MOVE ($)

WEEKLY MOVE (%)

AMP AMP Limited $5.31 $0.18 3.5%
ANZ ANZ Banking Group Limited $22.39 $1.53 7.3%
BHP BHP Billiton Limited $38.43 $1.34 3.6%
BXB Brambles Limited $5.56 $0.07 1.3%
CBA Commonwealth Bank $49.80 $2.07 4.3%
CSL CSL Limited $33.61 $1.12 3.4%
FGL Foster's Group $5.81 $0.24 4.3%
MQG Macquarie Group Limited $39.65 $3.65 10.1%
NAB National Aust. Bank $24.04 $0.98 4.2%
NCM Newcrest Mining $34.31 $0.07 0.2%
ORG Origin Energy $15.50 $0.67 4.5%
QBE QBE Insurance Group $17.78 $0.18 1.0%
RIO Rio Tinto Limited $68.10 $2.80 4.3%
SUN Suncorp - Metway $8.24 $0.29 3.6%
TLS Telstra Corporation $3.23 $0.10 3.2%
WBC Westpac Banking Corp $22.20 $1.24 5.9%
WDC Westfield Group $12.59 $0.37 3.0%
WES Wesfarmers Limited $28.49 $0.36 1.3%
WOW Woolworths Limited $27.11 $0.47 1.8%
WPL Woodside Petroleum $42.53 $1.53 3.7%

The Wrap

The Australian market ended in positive territory last week after a solid lead from overseas markets. The two benchmark indices both closed back up around the 4,400 mark. It was gains across the board with every component of the ASX Top 20 closing higher for the week.

Banks
ANZ finished up 7.3% to $22.39
CBA finished up 4.3% to $49.80
Macquarie finished up 10.1% to $39.65
NAB finished up 4.2% at $24.04
WBC finished up 5.9% to $22.20

Resources
BHP finished up 3.6% to $38.43
RIO Tinto finished up 4.3% to $68.10
Woodside Petroleum up 3.7% to $42.53

The next few weeks will be an interesting time in the market as we embark upon the US earnings season. Should companies overall report better than expected results, global markets are likely to rally and we all know what that means for the Aussie stock market.

 

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