|
INDEX CODE
|
INDEX NAME
|
CLOSING PRICE
|
WEEKLY MOVE ($)
|
WEEKLY MOVE (%)
|
| XAO
|
All Ordinaries
|
3,737.9
|
69.6
|
1.9%
|
| XJO
|
ASX 200
|
3,769.6
|
57.3
|
1.5%
|
|
STOCK CODE
|
COMPANY
|
CLOSING PRICE
|
WEEKLY MOVE ($)
|
WEEKLY MOVE (%)
|
| AMP
|
AMP Limited
|
$5.12
|
-$0.13
|
-2.5%
|
| ANZ
|
ANZ Banking Group Limited
|
$16.00
|
-$0.91
|
-5.4%
|
| BHP
|
BHP Billiton Limited
|
$33.00
|
$0.95
|
3.0%
|
| BXB
|
Brambles Limited
|
$5.98
|
$0.25
|
4.4%
|
| CBA
|
Commonwealth Bank
|
$35.05
|
-$0.91
|
-2.5%
|
| CSL
|
CSL Limited
|
$34.41
|
$1.92
|
5.9%
|
| FGL
|
Foster's Group
|
$5.18
|
$0.10
|
2.0%
|
| MQG
|
Maquarie Group Limited
|
$33.48
|
$1.64
|
5.2%
|
| NAB
|
National Aust. Bank
|
$20.76
|
-$1.49
|
-6.7%
|
| NCM
|
Newcrest Mining
|
$30.05
|
-$0.45
|
-1.5%
|
| ORG
|
Origin Energy
|
$16.40
|
$0.31
|
1.9%
|
| QBE
|
QBE Insurance Group
|
$21.64
|
$0.85
|
4.1%
|
| RIO
|
Rio Tinto Limited
|
$64.18
|
$4.30
|
7.2%
|
| SUN
|
Suncorp - Metway
|
$5.63
|
-$0.25
|
-4.3%
|
| TLS
|
Telstra Corporation
|
$3.36
|
$0.11
|
3.4%
|
| WBC
|
Westpac Banking Corp
|
$18.95
|
-$1.27
|
-6.3%
|
| WDC
|
Westfield Group
|
$10.53
|
$0.30
|
2.9%
|
| WES
|
Wesfarmers Limited
|
$22.70
|
$1.50
|
7.1%
|
| WOW
|
Woolworths Limited
|
$26.42
|
$0.08
|
0.3%
|
| WPL
|
Woodside Petroleum
|
$38.42
|
$0.62
|
1.6%
|
The local market had a better week last week. The All Ordinaries rose 1.9% whilst the ASX 200 was up by 1.5%. It was a mixed week that saw the banks fall and resources rise. On the whole, volatility in global markets has abated although it is quite clear that the economic indicators being released continue to point to a protracted recession.
Australia’s major banks all suffered losses last week on the back of fairly average reports from the NAB, ANZ and Macquarie Bank. NAB fell almost 7% whilst ANZ lost more than 5%. WBC also lost ground shedding 6.3% and Suncorp-Metway down by more than 4%. CBA faired best only down 2.5% for the week.
Alternatively, resources had a solid week with both mining giants BHP and RIO Tinto edging higher. They rose 3.0% and 7.2% respectively. Woodside Petroleum also enjoyed gains up by 1.6% for the week.
I guess there was some encouragement last week with US GDP coming in a lot worse than expected and global markets NOT falling over as a result. Perhaps much of the bad news really has been factored into the already battered share prices around the world.
