After gaining 4.1% in March and 3.2% in April, the strength in the Australian share market continued in the month of May.
The All Ordinaries index gained a further 2.5%, to close May at 5,447.8 points. The Australian share market is now in positive territory for 2016, despite a very shaky start.
Global investment markets were mixed in April. The US Dow Jones Index gained 0.1%, the London FTSE fell 0.2%, the Japan Nikkei 225 index gained 3.4% and the Hong Kong Hang Seng Index fell by 1.2% in the month.