|
INDEX CODE
|
INDEX NAME
|
CLOSING PRICE
|
WEEKLY MOVE ($)
|
WEEKLY MOVE (%)
|
| XAO
|
All Ordinaries
|
3,969.0
|
155.8
|
4.1%
|
| XJO
|
ASX 200
|
3,971.2
|
153.2
|
4.0%
|
|
STOCK CODE
|
COMPANY
|
CLOSING PRICE
|
WEEKLY MOVE ($)
|
WEEKLY MOVE (%)
|
| AMP
|
AMP Limited
|
$4.87
|
$0.03
|
0.6%
|
| ANZ
|
ANZ Banking Group Limited
|
$16.30
|
$0.40
|
2.5%
|
| BHP
|
BHP Billiton Limited
|
$38.18
|
$3.52
|
10.2%
|
| BXB
|
Brambles Limited
|
$6.01
|
$0.13
|
2.2%
|
| CBA
|
Commonwealth Bank
|
$36.51
|
$1.37
|
3.9%
|
| CSL
|
CSL Limited
|
$28.98
|
-$0.22
|
-0.8%
|
| FGL
|
Foster's Group
|
$5.05
|
$0.15
|
3.1%
|
| MQG
|
Maquarie Group Limited
|
$36.88
|
$5.23
|
16.5%
|
| NAB
|
National Aust. Bank
|
$21.95
|
-$0.07
|
-0.3%
|
| NCM
|
Newcrest Mining
|
$32.74
|
-$0.22
|
-0.7%
|
| ORG
|
Origin Energy
|
$15.00
|
$0.20
|
1.4%
|
| QBE
|
QBE Insurance Group
|
$18.65
|
-$0.69
|
-3.6%
|
| RIO
|
Rio Tinto Limited
|
$72.49
|
$7.95
|
12.3%
|
| SUN
|
Suncorp - Metway
|
$6.29
|
$0.39
|
6.6%
|
| TLS
|
Telstra Corporation
|
$3.20
|
$0.09
|
2.9%
|
| WBC
|
Westpac Banking Corp
|
$19.23
|
$0.36
|
1.9%
|
| WDC
|
Westfield Group
|
$11.38
|
$0.43
|
3.9%
|
| WES
|
Wesfarmers Limited
|
$22.16
|
$0.84
|
3.9%
|
| WOW
|
Woolworths Limited
|
$26.30
|
$0.95
|
3.7%
|
| WPL
|
Woodside Petroleum
|
$42.62
|
-$0.73
|
-1.7%
|
The Australian market continued to strengthen last week with the All Ordinaries rising 4.1% whilst the benchmark ASX 200 rose by a similar amount up 4% for the week. At one point both indices broke through the psychological 4,000 point barrier but settled to close just below. There was some renewed optimism through the week as the Australian economy escaped the jaws of recession; a remarkable effort given the vast majority of developed countries are already in recession.
Other big news last week was BHP and RIO Tinto’s decision to join forces in WA’s Pilbara region. The companies are suggesting a $US10 billion cost saving and that news sent both stocks soaring. BHP rose 10.2% to $38.18 and RIO Tinto rocketed 12.3% to $72.49.
The banking sector however was a little more subdued although it too was generally higher. ANZ rose 2.5% to $16.30, CBA was up by 3.9% $36.51 and WBC edged higher by 1.9% to $19.23. NAB bucked the trend; it fell marginally by 0.3% to %21.95.
With the Aussie market closed yesterday due to the Queen’s birthday public holiday and no major leads from overseas, our market is likely to track sideways this week.
