|
INDEX CODE
|
INDEX NAME
|
CLOSING PRICE
|
WEEKLY MOVE ($)
|
WEEKLY MOVE (%)
|
| XAO
|
All Ordinaries
|
4,597.2
|
-109.5
|
-2.3%
|
| XJO
|
ASX 200
|
4,572.1
|
-113.7
|
-2.4%
|
|
STOCK CODE
|
COMPANY
|
CLOSING PRICE
|
WEEKLY MOVE ($)
|
WEEKLY MOVE (%)
|
| AMP
|
AMP Limited
|
$5.92
|
-$0.41
|
-6.5%
|
| ANZ
|
ANZ Banking Group Limited
|
$21.19
|
-$0.56
|
-2.6%
|
| BHP
|
BHP Billiton Limited
|
$40.39
|
$0.36
|
0.9%
|
| BXB
|
Brambles Limited
|
$6.56
|
$0.04
|
0.6%
|
| CBA
|
Commonwealth Bank
|
$50.60
|
-$2.16
|
-4.1%
|
| CSL
|
CSL Limited
|
$31.00
|
-$0.53
|
-1.7%
|
| FGL
|
Foster's Group
|
$5.47
|
-$0.05
|
-0.9%
|
| MQG
|
Macquarie Group Limited
|
$45.34
|
-$2.67
|
-5.6%
|
| NAB
|
National Aust. Bank
|
$27.01
|
-$1.68
|
-5.9%
|
| NCM
|
Newcrest Mining
|
$36.93
|
$1.09
|
3.0%
|
| ORG
|
Origin Energy
|
$15.29
|
-$0.71
|
-4.4%
|
| QBE
|
QBE Insurance Group
|
$21.73
|
-$0.91
|
-4.0%
|
| RIO
|
Rio Tinto Limited
|
$68.55
|
-$2.67
|
-3.7%
|
| SUN
|
Suncorp - Metway
|
$8.45
|
-$0.27
|
-3.1%
|
| TLS
|
Telstra Corporation
|
$3.39
|
$0.09
|
2.7%
|
| WBC
|
Westpac Banking Corp
|
$23.13
|
-$1.07
|
-4.4%
|
| WDC
|
Westfield Group
|
$11.88
|
-$0.47
|
-3.8%
|
| WES
|
Wesfarmers Limited
|
$28.81
|
-$0.44
|
-1.5%
|
| WOW
|
Woolworths Limited
|
$27.89
|
-$0.11
|
-0.4%
|
| WPL
|
Woodside Petroleum
|
$48.10
|
-$0.59
|
-1.2%
|
Just when they thought it was safe to play again, investors ran for cover as our market tumbled 2.9% on Friday alone. Market participants have been sniffing for an excuse to take profits and they pounced as the news that Dubai was struggling to service its debt hit the news wires. The All Ordinaries fell 2.3% for the week whilst the ASX 200 dropped 2.4%. Both indices settled below 4,600 points.
All the majors were hit with the exception of BHP.
Banks
ANZ finished down 2.6% to $21.19
CBA finished down 4.1% to $50.60
Macquarie finished down 5.6% to $45.34
NAB finished down 5.9% to $27.01
WBC finished down 4.4% to $23.13
Resources
BHP finished up 0.9% to $40.39
RIO Tinto finished down 3.7% to $68.55
Woodside Petroleum finished down 1.2% to $48.10
This minor correction we are experiencing is likely to provide investors with an excellent opportunity to buy the Aussie market at lower prices.
