The Australian share market consolidated recent gains, with the S&P/ASX 200 Index gaining by 3.8% in the month of May to close the month at 8,434.7 points. The Australian dollar gained by 0.3% over the month, with 1 Australian Dollar currently buying 64.3 United States cents.
The Australian share market reversed its recent trend in April, with the S&P/ASX 200 Index gaining by 3.6% to close the month at 8,053.7 points. The Australian dollar also gained by 2.6% over the month, with 1 Australian Dollar currently buying 64.1 United States cents.
The decline in share market values continued in March, with the All-Ordinaries index falling by 4.2% to close the month at 8,053.7 points. The Australian dollar remained steady, with 1 Australian Dollar currently buying 62.5 United States cents.
United States tariff talks weighed heavily on the Australian share market in February, with the All-Ordinaries index falling by 4.4% to close the month at 8,403.9 points. The Australian dollar remained steady, with 1 Australian Dollar currently buying 62.2 United States cents.
It was a positive start to the year for the Australian share market, with the All-Ordinaries index gaining by 7.7% to close the month at 8,789.7 points. The Australian dollar was steady, with 1 Australian Dollar currently buying 62.1 United States cents.
The Reserve Bank of Australia (RBA) board did not meet in January, with the next RBA board meeting scheduled for mid-February.
The Australian share market retreated in value in December, with the All-Ordinaries index falling by 6.2% to close the month (and 2024 calendar year) at 8,159.1 points. The Australian dollar fell sharply, falling by 4.5% during the month, with 1 Australian Dollar currently buying 62.2 United States cents.
The Australian share market gained momentum in November, with the All-Ordinaries index increasing by 3.3% to close the month at 8,669.1 points. The Australian dollar fell by 1.1% over the month, with 1 Australian Dollar currently buying 65.1 United States cents.
The Australian share market retreated marginally over the month of October, with the All-Ordinaries index falling 0.6% to close the month at 8,422.1 points. The Australian dollar reversed its recent trend, falling 4.4% over the month, with 1 Australian Dollar currently buying 65.80 United States cents.
The Australian share market is on track to close the month of September 1.90% higher, with the All-Ordinaries index currently at 8,472.7 points. The Australian dollar has further strengthened this month, with 1 Australian Dollar currently buying 68.80 United States cents.
The Australian share market closed the month of August flat, with the All-Ordinaries index closing at 8,316.7 points. The Australian dollar gained by 3.5% for the month, with 1 Australian Dollar currently buying 65.42 United States cents.