Weekly ProWrap ProAcct

Summary for the week ending September 3, 2010

Indices

INDEX CODE INDEX NAME CLOSING PRICE

WEEKLY MOVE ($)

WEEKLY MOVE (%)

XAO All Ordinaries

4,577.6

173.5

3.9%
XJO ASX 200

4,541.2

171.1

3.9%

Top 20 Stocks

STOCK CODE COMPANY CLOSING PRICE

WEEKLY MOVE ($)

WEEKLY MOVE (%)

AMP AMP Limited

$5.21

$0.26

5.3%
ANZ ANZ Banking Group Limited

$23.29

$0.85

3.8%
BHP BHP Billiton Limited

$38.33

$1.03

2.8%
BXB Brambles Limited

$5.96

$0.15

2.6%
CBA Commonwealth Bank

$51.57

$2.36

4.8%
CSL CSL Limited

$33.10

$1.10

3.4%
FGL Foster's Group

$6.07

$0.09

1.5%
MQG Macquarie Group Limited

$36.99

$0.49

1.3%
NAB National Aust. Bank

$24.10

$1.05

4.6%
NCM Newcrest Mining

$38.72

$3.44

9.8%
ORG Origin Energy

$15.54

$0.16

1.0%
QBE QBE Insurance Group

$16.88

$0.28

1.7%
RIO Rio Tinto Limited

$73.79

$4.49

6.5%
SUN Suncorp - Metway

$8.61

$0.26

3.1%
TLS Telstra Corporation

$2.82

$0.06

2.2%
WBC Westpac Banking Corp

$22.50

$0.75

3.4%
WDC Westfield Group

$12.80

$0.41

3.3%
WES Wesfarmers Limited

$33.60

$1.99

6.3%
WOW Woolworths Limited

$28.38

$0.53

1.9%
WPL Woodside Petroleum

$43.38

$1.28

3.0%

The Wrap

The Aussie market broke a three week losing streak closing up a healthy 3.9%. The All Ordinaries settled at 4,577 points whilst the ASX 200 closed the week out at 4,541 points.

It was a strong week across the board after a positive lead from US markets. Both the miners and the banks had strong support after having lagged for the past three weeks.

Banks
ANZ finished up 3.8% to $23.29
CBA finished up 4.8% to $51.57
Macquarie finished up 1.3% to $36.99
NAB finished up 4.6% at $24.10
WBC finished up 3.4% to $22.50

Resources
BHP finished up 2.8% to $38.33
RIO Tinto finished up 6.5% to $73.79
Woodside Petroleum up 3.0% to $43.38

Local and overseas markets continue to trade in a tight band. This volatility is likely to continue for some time.

 

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