Political uncertainty in the United States, higher oil prices, and a spike in domestic inflation resulted in the Australian share market falling in value for the second month in a row. The benchmark All-Ordinaries index fell by 3.6% in September, closing the month at 7,249.7 points.
The Australian share market retreated in August, with the All-Ordinaries index falling 1.4% for the month, and closing at 7,517.8 points. The Australian Dollar fell by 3.5% in the month against the United States dollar, with 1 Australian Dollar currently buying 64.8 United States cents.
It was a positive month for investment markets in July, with the All-Ordinaries index increasing 3.0% for the month, and closing at 7,622.2 points. The Australian Dollar increased by 0.8% in July against the United States dollar, with 1 Australian Dollar currently buying 67.2 United States cents.
The Australian share market gained in value in June, with the All-Ordinaries index increasing 1.8% for the month and closing at 7,401.5 points. The All-Ordinaries index gained nearly 10% (excluding dividends) for the 2022/23 financial year, despite rising interest rates, high inflation, and geopolitical risks.
The Australian share market gave up some recent gains in the month of May, with the All-Ordinaries index falling 3.0% for the month and closing at 7,273.5 points. The Australian Dollar continued to slide, falling by 2.1% for the month, with 1 Australian Dollar buying 64.8 United States cents.
It was a positive month for domestic investments markets, with the All-Ordinaries index gaining 1.7% for the month and closing at 7,501.0 points. The Australian Dollar was once again weaker, falling by 1.1% for the month, with 1 Australian Dollar buying 66.2 United States cents.
It was a volatile month for the Australian share market, with the All-Ordinaries index falling 1.1% for the month and closing at 7,373.3 points. The Australian Dollar was marginally weaker falling by 0.8% for the month, with 1 Australian Dollar buying 66.9 United States cents.
The Australian share market retreated in value in February, with the All-Ordinaries index falling 3.0% for the month, closing at 7,458.0 points. The Australian Dollar was also weaker falling 4.5% for the month, with 1 Australian Dollar buying 67.43 United States cents.
The Australian share market had a fast start to 2023, with the All-Ordinaries index gaining 6.4% for the month of January (closing at 7,686.1 points). The Australian Dollar was also strengthened by 4.3%, with 1 Australian Dollar buying 70.59 United States cents.
The Australian share market gave back some of its recent gains in December, with the All-Ordinaries index falling by 3.5% for the month (closing at 7,221.7 points). For the 2022 calendar year the All-Ordinaries index (excluding dividends) fell by 7.2% - marking the 5th calendar year of negative returns over the past 13 years.