Weekly ProWrap ProAcct

Summary for the Week Ending Friday October 28, 2011

Indices

INDEX
CODE

INDEX NAME
CLOSING
 PRICE   

WEEKLY 
MOVE   
 ($)      

WEEKLY 
MOVE   
(%)     

 
XAO   All Ordinaries

 4,411.4

  208.0  4.9%
XJO ASX 200

       4,353.3

211.4  5.1%

Top 20 Stocks
 
STOCK
CODE

COMPANY
CLOSING
PRICE  

WEEKLY
 MOVE  
($)     

WEEKLY
MOVE  
(%)    

 
AMP  AMP Limited $4.38 $0.33 8.1%
ANZ ANZ Banking Group Limited $22.08 $0.87 4.1%
BHP BHP Billiton Limited $38.69 $2.99 8.4%
BXB Brambles Limited $6.77 $0.13 2.0%
CBA Commonwealth Bank $49.96 $2.41 5.1%
CSL CSL Limited $29.08 -$0.92 -3.1%
FGL Foster's Group $5.32 $0.02 0.4%
MQG Macquarie Group Limited $25.15 $2.62 11.6%
NAB National Aust. Bank $25.99 $1.67 6.9%
NCM Newcrest Mining $34.22 $0.92 2.8%
ORG Origin Energy $14.50 $0.45 3.2%
QBE QBE Insurance Group $15.17 $1.40 10.2%
RIO Rio Tinto Limited $70.22 $7.65 12.2%
SUN Suncorp - Metway $8.72 $0.47 5.7%
TLS Telstra Corporation $3.11 -$0.03 -1.0%
WBC Westpac Banking Corp $22.68 $1.18 5.5%
WDC Westfield Group $7.68 $0.13 1.7%
WES Wesfarmers Limited $32.69 $1.69 5.5%
WOW Woolworths Limited $23.82 -$0.24 -1.0%
WPL Woodside Petroleum $36.00 $2.62 7.8%

The Wrap

After settling little above 3,900 points just 5 week ago, the ASX 200 closed above 4,350 rising 11.5% in that time period.  It was up 5.1% for the week.

The All Ordinaries rose 4.9% to settle above the 4,400 mark.

Sharp gains were enjoyed across the board with both the big banks and the mining giants all rallying strongly. Banks rallied between 4 and 12% whilst the miners soared by 7 to 12%.

Banks    
ANZ finished up 4.1% to $22.08
CBA finished up 5.1% to $49.96
MQG finished up 11.6% to $25.15
NAB finished up 6.9% to $25.99
WBC finished up 5.5% to $22.68
    
Resources   
BHP finished up 8.4% to $38.69
RIO finished up 12.2% to $70.22
WPL finished up 7.8% to $36.00

Finally some positive action out of Europe regarding their massive debt issues has been undertaken.  Global markets all responded strongly

 

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