Market Update: September 2020
Australian stocks fell 4% in September, driven by concern the global recovery could stall without more stimulus (a concern amplified by the upcoming US Election)
Australian stocks fell 4% in September, driven by concern the global recovery could stall without more stimulus (a concern amplified by the upcoming US Election)
Equities finished the financial year in style, extending an impressive three-month run. We summarise the main indices below: All up the ASX fell 10.9% in FY20
Equities continued their strong run in May as developed countries began reopening and a string of economic data coming out better than expected. We summarise
Equities showed remarkable recovery in April, with Australian shares, in particular, bouncing back nearly 9%! All sectors ended up positive, with Energy (+25%) and Information
Coronavirus concerns continued to dominate markets through March, causing unprecedented volatility in investment markets. The far reaching economic consequences have effectively wiped out all of
Furthermore, we have seen continued falls in March and at the time of writing, we are seeing the worst single day decline since the GFC
Welcome to the first Market Update for 2020! Australian shares sold off in December, ending 2019 on a sour note for what was otherwise a
Share markets generally rose higher in November, helped by optimism regarding a US/China trade deal and reasonable economic data. Both US and Australian markets hit
Australian shares were in the red in October, dragged down by Information Technology (-3.9%) and Financials (-2.8%), with bank profit growth expected to be moderate
There were jitters in equity markets in August but no quakes just yet as a brief inversion of the US yield curve triggered steep selling.
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