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April 2016 Market Wrap

The rebound in Australian shares continued in April. The All Ordinaries index gained a further 3.2% to close the month at 5,316.0 points. While this marks the second consecutive month of solid gains, close attention will be on Treasurer Scott Morrison as he delivers his first Federal Budget tomorrow night.

Global investment markets generally exhibited marginal gains in April. The US Dow Jones Index gained 0.5%, the London FTSE gained 1.1% and the Hong Kong Hang Seng Index gained 1.4% in the month. Bucking the trend was the Japan Nikkei 225 index that declined by 0.6%.

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March 2016 Market Wrap

After two consecutive months of decline, the Australian share market rebounded in March.

The All Ordinaries index gained by 4.1%, to close the month at 5,151.8 points. Nevertheless, the Australian share market remains some 3.6% lower for the calendar year (and volatility in daily returns remains high).

Global investment markets were all stronger in March. The US Dow Jones Index gained 7.1%, the London FTSE gained 1.3%, the Japan Nikkei 225 Index gained 4.6% and the Hong Kong Hang Seng Index gained 8.7% for the month.

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February 2016 Market Wrap

The All Ordinaries index declined by 2.1% in February, to close the month at 4,947.9 points. In the first two months of 2016, the Australian share market has now fallen by 7.4%. As with any market in which there are big price drops, opportunities are opening up, but having the conviction to act is another matter.

Global investment markets were mixed in the month, although generally weaker across the board. The US Dow Jones Index gained a modest 0.3%, the London FTSE gained 0.2%, the Japan Nikkei 225 Index declined by 8.5% and the Hong Kong Hang Seng Index declined by 2.9%.

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