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August 2017 Market Wrap

It was another flat month for the Australian share market in August, with the All Ordinaries index closing the month steady at 5,776.3 points. The Australian Dollar retreated marginally, with 1 Australian Dollar currently buying 79.43 US cents. Once again, the Reserve Bank of Australia (RBA) left the official Cash Rate on hold at 1.50% per annum.

Global share markets provided mixed returns in August. The United States Dow Jones index gained 0.3%, the London FTSE gained 0.8%, the Japan Nikkei 225 fell 1.2% and the Hong Kong Hang Seng Index gained 2.8% for the month.

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July 2017 Market Wrap

The Australian share market was once again subdued in July, with the All Ordinaries index closing the month 0.2% higher at 5,773.9 points. The Australian Dollar rallied by 4.1% in July, with 1 Australian Dollar currently buying 80.01 US cents.

Once again, the Reserve Bank of Australia (RBA) left the official Cash Rate on hold at 1.50% per annum.

Global share markets provided mixed returns in July. The United States Dow Jones index gained 2.5%, the London FTSE gained 0.8%, the Japan Nikkei 225 fell 0.5% and the Hong Kong Hang Seng index gained 6.1% for the month.

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June 2017 Market Wrap

The Australian share market was flat in June, with the All Ordinaries index closing the month steady at 5,764.0 points.  The Australian Dollar strengthened by 3.5%, with 1 Australian Dollar currently buying 76.86 US cents. Once again, the Reserve Bank of Australia (RBA) left the official Cash Rate on hold at 1.50% per annum.

Global share markets provided mixed returns in June. The United States Dow Jones index gained 1.6%, the London FTSE fell 2.8%, the Japan Nikkei 225 gained 1.9% and the Hong Kong Hang Seng Index gained 0.4% for the month.

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