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July 2015 Market Wrap

The Australian share market bounced back from a disappointing June to gain 4.2% in the month of July, with the All Ordinaries Index closing at 5,681.7 points. The positive result came as negotiations between the Greek government, the European Commission and the International Monetary Fund advanced.

Global shares were also generally positive in July with the US Dow Jones Index gaining 0.4% the London FTSE gaining 2.7%, the Japan Nikkei 225 Index gaining 1.7% and the Hong Kong Hang Seng Index falling 6.1% (largely as a result of the increased volatility in the Chinese stock market).

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June 2015 Market Wrap

The Australian share market closed the month down 5.6%, with the All Ordinaries Index closing at 5,451.2 points.  For the 2015 financial year, the All Ordinaries Index gained a modest 1.2%.

Global shares were also negative in June with the US Dow Jones Index down 2.2%, the London FTSE down 6.6%, the Hong Kong Hang Seng Index down 4.3% and the Japan Nikkei 225 Index down 1.6%. The recent sell-off in global share markets has been fuelled by the re-emergence of the sovereign debt crisis in Greece.

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May 2015 Market Wrap

The Australian share market closed the month flat, with the All Ordinaries Index steady at 5,774.9 points. The Australian share market is clearly experiencing a period of consolidation following the strong performance in the first quarter of 2015.

Global shares were also relatively subdued in May with the US Dow Jones Index gaining 1.0% the London FTSE gaining 0.3%, the Hong Kong Hang Seng Index falling 2.5% and the Japan Nikkei 225 Index the standout performer gaining 5.3%.

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