Weekly ProWrap ProAcct

Summary for the week ending October 16, 2009

Indices

INDEX CODE INDEX NAME CLOSING PRICE

WEEKLY MOVE ($)

WEEKLY MOVE (%)

XAO All Ordinaries

4,842.6

88.1

1.9%
XJO ASX 200

4,836.4

83.5

1.8%

Top 20 Stocks

STOCK CODE COMPANY CLOSING PRICE

WEEKLY MOVE ($)

WEEKLY MOVE (%)

AMP

AMP Limited

$6.65

-$0.14

-2.1%
ANZ ANZ Banking Group Limited

$24.56

-$0.06

-0.2%
BHP BHP Billiton Limited

$39.20

$1.35

3.6%
BXB Brambles Limited

$7.11

$0.01

0.1%
CBA Commonwealth Bank

$55.28

$2.12

4.0%
CSL CSL Limited

$32.10

$0.28

0.9%
FGL Foster's Group

$5.50

-$0.11

-2.0%
MQG Macquarie Group Limited

$55.09

-$2.31

-4.0%
NAB

National Aust. Bank

$31.58

-$0.02

-0.1%
NCM Newcrest Mining

$35.71

-$0.01

0.0%
ORG Origin Energy

$16.37

$0.19

1.2%
QBE QBE Insurance Group

$22.91

$0.11

0.5%
RIO Rio Tinto Limited

$64.92

$3.42

5.6%
SUN Suncorp - Metway

$9.15

$0.07

0.8%
TLS Telstra Corporation

$3.11

-$0.05

-1.6%
WBC Westpac Banking Corp

$26.96

$0.84

3.2%
WDC Westfield Group

$13.31

$0.01

0.1%
WES Wesfarmers Limited

$26.05

-$0.25

-1.0%
WOW Woolworths Limited

$29.75

$0.90

3.1%
WPL Woodside Petroleum

$52.72

$2.15

4.3%

The Wrap

The juggernaut that is the Australian share market continued on its merry way last week closing higher for the fifth time in the past six weeks. Both the All Ordinaries and the ASX 200 finished higher by 1.8% settling around 4,840 points. It has been an extraordinary run from the 3,100 lows seen earlier this year.

Major movers last week were once again the miners whilst the banks had mixed results.

Banks
ANZ finished down 0.2% to $24.56
CBA finished up 4.0% to $55.28
Macquarie finished down 4.0% to $55.09
NAB finished down 0.1% to $31.58
WBC finished up 3.2% to $26.96

Resources
BHP finished up 3.6% to $39.20
RIO Tinto finished up 5.6% to $64.92
Woodside Petroleum finished down 4.3% to $52.72

No one wants to be short this market. It has risen more than 50% from its lows and whilst global markets continue to forge ahead, we will continue to be supported.

 

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