|
INDEX CODE
|
INDEX NAME
|
CLOSING PRICE
|
WEEKLY MOVE ($)
|
WEEKLY MOVE (%)
|
| XAO
|
All Ordinaries
|
3,813.2
|
57.8
|
1.5%
|
| XJO
|
ASX 200
|
3,818.0
|
56.4
|
1.5%
|
|
STOCK CODE
|
COMPANY
|
CLOSING PRICE
|
WEEKLY MOVE ($)
|
WEEKLY MOVE (%)
|
| AMP
|
AMP Limited
|
$4.84
|
-$0.42
|
-8.0%
|
| ANZ
|
ANZ Banking Group Limited
|
$15.90
|
$0.49
|
3.2%
|
| BHP
|
BHP Billiton Limited
|
$34.66
|
$1.20
|
3.6%
|
| BXB
|
Brambles Limited
|
$5.88
|
$0.27
|
4.8%
|
| CBA
|
Commonwealth Bank
|
$35.14
|
-$0.37
|
-1.0%
|
| CSL
|
CSL Limited
|
$29.20
|
-$1.69
|
-5.5%
|
| FGL
|
Foster's Group
|
$4.90
|
-$0.05
|
-1.0%
|
| MQG
|
Maquarie Group Limited
|
$31.65
|
-$1.84
|
-5.5%
|
| NAB
|
National Aust. Bank
|
$22.02
|
$0.26
|
1.2%
|
| NCM
|
Newcrest Mining
|
$32.96
|
$1.01
|
3.2%
|
| ORG
|
Origin Energy
|
$14.80
|
-$0.10
|
-0.7%
|
| QBE
|
QBE Insurance Group
|
$19.34
|
-$1.61
|
-7.7%
|
| RIO
|
Rio Tinto Limited
|
$64.54
|
$0.10
|
0.2%
|
| SUN
|
Suncorp - Metway
|
$5.90
|
-$0.35
|
-5.6%
|
| TLS
|
Telstra Corporation
|
$3.11
|
$0.02
|
0.6%
|
| WBC
|
Westpac Banking Corp
|
$18.87
|
-$0.51
|
-2.6%
|
| WDC
|
Westfield Group
|
$10.95
|
$0.91
|
9.1%
|
| WES
|
Wesfarmers Limited
|
$21.32
|
$0.51
|
2.5%
|
| WOW
|
Woolworths Limited
|
$25.35
|
-$0.48
|
-1.9%
|
| WPL
|
Woodside Petroleum
|
$43.35
|
$0.94
|
2.2%
|
Last week saw our market rise again with both the All Ordinaries and the ASX 200 positive by 1.5%. The month of May has seen some modest rises as the Australian market continues to consolidate its recent gains.
The banks had mixed fortunes with Macquarie and SunCorp-Metway both down 5.5% whilst WBC fell 2.6%. On the positive side, NAB rose 1.2% and the ANZ up by 3.2%. Overall, the major banks have had a fairly flat month after returning some fairly strong gains in March and April.
Resources on the other hand all rose for the week. BHP and Newcrest Mining were both higher by more than 3% whilst Woodside Petroleum rose 2.2%. RIO Tinto was also higher although it only managed to edge up 0.2%.
The two big losers for the week were the insurers AMP and QBE. They were down by 8.0% and 7.7% respectively.
The week ahead will see Australia’s GDP released which will likely confirm the country is in recession. The data alone however is unlikely to impact our market as experts believe the bad news is already factored in.
