It was a strong end to the month for the Australian share market, with the All-Ordinaries index closing the month of July 3.8% higher at 8,013.8 points. The Australian dollar fell by 2.1% for the month for the month, with 1 Australian Dollar currently buying 65.42 United States cents.
The Australian share market once again closed the month 0.5% higher, with the All-Ordinaries index closing June at 8,013.8 points (a solid gain of 8.3% for the 2023/24 financial year). The Australian dollar remained steady for the month, with 1 Australian Dollar currently buying 66.79 United States cents.
The Australian share market closed the month of May 0.5% higher, with the All-Ordinaries index closing at 7,970.8 points. The Australian dollar gained by 2.7% over the month with 1 Australian Dollar currently buying 66.55 United States cents.
The Australian share market retreated in the month of April, with the All-Ordinaries index falling 2.7% for the month and closing at 7,932 points. The Australian dollar fell by 0.9% over the month with 1 Australian Dollar currently buying 64.77 United States cents.
The Australian share market continued its strong start to 2024, with the All-Ordinaries index gaining 2.4% for the month and closing at 8,153.70 points. The Australian dollar gained marginally over the month with 1 Australian Dollar buying 65.34 United States cents.
The Australian share market was flat for the month of February, with the All-Ordinaries Index gaining 0.6% for the month and closing at 7,959.50 points. The Australian dollar weakened by 1% over the month with 1 Australian Dollar buying 65.07 United States cents.
The Australian share market closed January at a record high level, with the All-Ordinaries index gaining by 1.1% for the month and closing at 7,912.80 points. The Australian dollar weakened by 3.8% in January with 1 Australian Dollar buying 65.70 United States cents.
The Australian share market had a stellar month in December, with the All-Ordinaries index gaining by 8.1% for the month (closing the year at 7,829.50 points). For the 2022 calendar year the All-Ordinaries index (excluding dividends) gained by 8.4%.
A ceasefire between Israel and Palestine, and signs that inflation is coming under control boosted global share markets in November. The benchmark All-Ordinaries index recouped some recent falls, gaining by 4.0% in November, to close the month at 7,245.8 points.
Further conflict between Israel and Palestine, higher oil prices and higher than expected inflation all weighed heavily on financial markets in October. The benchmark All-Ordinaries index fell by a further 3.9% in October (after falling 3.6% in September), closing the month at 6,967.5 points.