The Australian share market ended October mostly unchanged, with the S&P/ASX 200 Index up 0.4% at 8,881.9 points. The Australian dollar fell 1.1%, now at 65.5 US cents per AUD. The Reserve Bank of Australia kept the Cash Rate at 3.60%, while ongoing inflation has decreased the likelihood of further cuts.
Global markets performed well overall: the US S&P500 gained 2.3%, London FTSE rose 3.9%, Japan's Nikkei soared 16.5%, but Hong Kong's Hang Seng dropped 3.5%.
