INDEX
CODE |
INDEX NAME |
CLOSING
PRICE |
WEEKLY
MOVE
($)
|
WEEKLY
MOVE
(%)
|
| XAO |
All Ordinaries |
4,277.4 |
- 44.1 |
-1.0% |
| XJO |
ASX 200 |
4,194.7 |
- 48.2 |
-1.1% |
STOCK
CODE |
COMPANY |
CLOSING
PRICE |
WEEKLY
MOVE
($)
|
WEEKLY
MOVE
(%)
|
| AMP |
AMP Limited |
$4.15 |
-$0.29 |
-6.5% |
| ANZ |
ANZ Banking Group Limited |
$19.94 |
$0.02 |
0.1% |
| BHP |
BHP Billiton Limited |
$37.91 |
-$1.13 |
-2.9% |
| BXB |
Brambles Limited |
$6.66 |
-$0.01 |
-0.1% |
| CBA |
Commonwealth Bank |
$47.41 |
-$0.11 |
-0.2% |
| CSL |
CSL Limited |
$27.51 |
-$0.14 |
-0.5% |
| FGL |
Foster's Group |
$4.91 |
$0.05 |
1.0% |
| MQG |
Macquarie Group Limited |
$23.00 |
-$2.15 |
-8.5% |
| NAB |
National Aust. Bank |
$23.32 |
-$0.19 |
-0.8% |
| NCM |
Newcrest Mining |
$39.86 |
$0.76 |
1.9% |
| ORG |
Origin Energy |
$13.20 |
-$0.77 |
-5.5% |
| QBE |
QBE Insurance Group |
$13.15 |
-$0.76 |
-5.5% |
| RIO |
Rio Tinto Limited |
$71.25 |
-$0.80 |
-1.1% |
| SUN |
Suncorp - Metway |
$8.32 |
$0.33 |
4.1% |
| TLS |
Telstra Corporation |
$3.04 |
$0.00 |
0.0% |
| WBC |
Westpac Banking Corp |
$20.13 |
-$0.38 |
-1.9% |
| WDC |
Westfield Group |
$7.76 |
-$0.38 |
-4.7% |
| WES |
Wesfarmers Limited |
$30.86 |
$0.58 |
1.9% |
| WOW |
Woolworths Limited |
$25.38 |
$0.13 |
0.5% |
| WPL |
Woodside Petroleum |
$34.02 |
-$0.90 |
-2.6% |
The Australian market was down again last week shedding 1% of its value closing below 4,200 points. To say it cannot gather momentum is an understatement. The volatility remains relentless and as a consequence, share prices continue to experience large fluctuations.
The big miners all finished lower for the week as did the major banks with the exception of ANZ; it was flat.
Banks
ANZ finished up 0.1% to $19.94
CBA finished down 0.2% to $47.21
Macquarie finished down 8.5% to $23.00
NAB finished down 0.8% to $23.32
WBC finished down 1.9% to $20.13
Resources
BHP finished down 2.9% to $37.91
RIO Tinto finished down 1.1% to $71.25
Woodside Petroleum finished down 2.6% to $34.02
Markets have become so sensitive global leaders can’t say anything without them reacting. They (the markets) hang on every word trying to interpret what the information disseminated actually mean. Emotions have taken over and unfortunately fundamentals don’t mean a thing.
