The Australian share market was flat in March, with the All Ordinaries Index declining by 0.2% to close at 5,403 points. In the US the Dow Jones Index gained 0.8%, in London the FTSE fell 3.1%, in Hong Kong the Hang Seng Index fell 3.0% and in Japan the Nikkei 225 Index fell 0.1% for the month.
The flat performance came on the back of softening of the Chinese economic data, weak US economic data (primarily due to poor weather) and comments from Janet Yellan (in her first meeting as head of the US Federal Reserve) suggesting a rise in US interest rates earlier than expected.
