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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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May 2017 Market Wrap

The Australian share market was weaker in May, with the All Ordinaries index closing the month 3.1% lower at 5,761.3 points. The Australian Dollar fell by 0.8% in May, with 1 Australian Dollar currently buying 74.26 US cents. Once again, the Reserve Bank of Australia left the official Cash Rate on hold at 1.50% per annum.

Global share markets provided positive returns in May. The United States Dow Jones index gained 0.3%, the London FTSE gained 4.4%, the Japan Nikkei 225 gained 2.4% and the Hong Kong Hang Seng Index gained 4.2% for the month.

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