The Australian share market gave back its gains from October, falling 3.8% in November to close the month at 5,298 points. Australian equities underperformed global equities, largely on the back of falling commodity prices, although further political uncertainty didn't help matters.
Global shares across the board were generally stronger in the month, with the US Dow Jones Index gaining 2.5%, the London FTSE gaining 2.7%, the Hong Kong Hang Seng Index flat and the Japan Nikkei 225 Index gaining 6.5% for November.