|
INDEX CODE
|
INDEX NAME
|
CLOSING PRICE
|
WEEKLY MOVE ($)
|
WEEKLY MOVE (%)
|
| XAO
|
All Ordinaries
|
4,507.7
|
-326.2
|
-6.7%
|
| XJO
|
ASX 200
|
4,480.7
|
-326.7
|
-6.8%
|
|
STOCK CODE
|
COMPANY
|
CLOSING PRICE
|
WEEKLY MOVE ($)
|
WEEKLY MOVE (%)
|
| AMP
|
AMP Limited
|
$5.76
|
-$0.50
|
-8.0%
|
| ANZ
|
ANZ Banking Group Limited
|
$21.90
|
-$2.30
|
-9.5%
|
| BHP
|
BHP Billiton Limited
|
$37.50
|
-$3.25
|
-8.0%
|
| BXB
|
Brambles Limited
|
$6.88
|
-$0.38
|
-5.2%
|
| CBA
|
Commonwealth Bank
|
$53.00
|
-$5.51
|
-9.4%
|
| CSL
|
CSL Limited
|
$33.19
|
$0.80
|
2.5%
|
| FGL
|
Foster's Group
|
$5.31
|
-$0.13
|
-2.4%
|
| MQG
|
Macquarie Group Limited
|
$45.53
|
-$4.76
|
-9.5%
|
| NAB
|
National Aust. Bank
|
$24.58
|
-$3.42
|
-12.2%
|
| NCM
|
Newcrest Mining
|
$31.49
|
-$1.60
|
-4.8%
|
| ORG
|
Origin Energy
|
$15.26
|
-$1.12
|
-6.8%
|
| QBE
|
QBE Insurance Group
|
$20.51
|
-$0.59
|
-2.8%
|
| RIO
|
Rio Tinto Limited
|
$64.98
|
-$7.12
|
-9.9%
|
| SUN
|
Suncorp - Metway
|
$8.19
|
-$0.84
|
-9.3%
|
| TLS
|
Telstra Corporation
|
$3.00
|
-$0.18
|
-5.7%
|
| WBC
|
Westpac Banking Corp
|
$24.17
|
-$3.03
|
-11.1%
|
| WDC
|
Westfield Group
|
$12.44
|
-$0.48
|
-3.7%
|
| WES
|
Wesfarmers Limited
|
$27.95
|
-$1.34
|
-4.6%
|
| WOW
|
Woolworths Limited
|
$26.94
|
-$0.16
|
-0.6%
|
| WPL
|
Woodside Petroleum
|
$43.08
|
-$2.32
|
-5.1%
|
To say that last week was a turbulent week for the markets is an understatement. The debt crisis in Greece weighted down on the markets spooking investors from all corners of the globe who are concerned that this may be Version 2.0 of the “sub-prime” fiasco experienced in 2007 & 2008.
The Australian market experienced its third successive week of declines.
Banks
ANZ finished down 9.5% to $21.90
CBA finished down 9.4% to $53.00
NAB finished down 12.2% to $24.58
WBC finished down 11.1% to $24.17
Resources
BHP finished down 8.0% to $37.50
RIO finished down 9.9% to $64.98
Woodside Petroleum down 5.1% to $43.08
The next few weeks could be quite volatile for the stock market as the current crisis is played out. (As we go to print the EU have announced a ?650b rescue package for Greece and other EU nations struggling with debt, this will surely have some positive impact on the market this week).