The Australian share market recorded its first negative month of the year, with the All Ordinaries index falling by 2.9% in August to close the month at 6,698.2 points. The Australian Dollar continued its recent trend falling by 1.7%, with 1 Australian Dollar currently buying 67.36 US cents.
It was another strong month of performance for the Australian share market, with the All Ordinaries index gaining by 2.9% in July to close the month at 6,896.7 points. The Australian Dollar fell by 2.1%, with 1 Australian Dollar currently buying 68.50 US cents.
The Australian share market finished the 2019 financial year on a positive note. The All Ordinaries index gained by 3.2% in June to close the month at 6,699.2 points. The Australian Dollar gained by 0.9%, with 1 Australian Dollar currently buying 70.00 US cents.
A surprise Federal Election result was seen as a positive for the Australian share market. The All Ordinaries index gained by 1.1% in May to close the month at 6,491.8 points. The Australian Dollar fell by 1.6% in the month, with 1 Australian Dollar currently buying 69.36 US cents.
The month of April was positive for investment markets. The All Ordinaries index gained by 2.5% to close the month at 6,418.4 points. The Australian Dollar fell marginally, with 1 Australian Dollar buying 70.48 US cents as at the end of April.
Investment markets were subdued in March as global political risks relating to a US/China free trade deal and Brexit remain unresolved. The All Ordinaries index gained by 0.1% to close the month at 6,261.7 points.
February saw global share markets continue to strengthen, with the All Ordinaries index gaining by 5.3% to close the month at 6,252.7 points. This followed strong returns in January whereby the share market gained by 4.0%.
The month of January saw a partial recovery in share market values, with the All Ordinaries index gaining by 4.0% to close the month at 5,937.3 points. This is the first month of positive Australian share market returns since August last year.
The Australian Dollar gained by 3.1% in the month of January, with 1 Australian Dollar buying 72.71 US cents as at the end of the month. The Reserve Bank of Australia board did not meet in January.
December was a hugely volatile month for global share markets, with the Australian share market coming through relatively unscathed. The All Ordinaries index fell by 0.7% to close the month at 5,709.4 points (marking the fourth consecutive month of decline). For the 2018 calendar year, the All Ordinaries index fell by 7.4% (excluding dividend income).
November represented the third consecutive month of negative returns for the Australian share market, with the All Ordinaries index falling by 2.8% to close the month at 5,749.3 points. The Australian Dollar gained by 3.2%, with 1 Australian Dollar currently buying 73.06 US cents.