After two consecutive months of flat returns, the Australian share market advanced strongly in October with the All Ordinaries index closing the month up 4.0% at 5,976.4 points.
The Australian Dollar retreated by 2.4% in October (after falling 1.3% in September), with 1 Australian Dollar currently buying 76.51 US cents. As expected, the Reserve Bank of Australia (RBA) left the official Cash Rate on hold at 1.50% per annum.
The Australian share market had another relatively lacklustre month in September, with the All Ordinaries index closing the month down 0.5% at 5,744.9 points.
The Australian Dollar retreated by 1.3% in September, with 1 Australian Dollar currently buying 78.37 US cents. As expected, the Reserve Bank of Australia (RBA) left the official Cash Rate on hold at 1.50% per annum.
It was another flat month for the Australian share market in August, with the All Ordinaries index closing the month steady at 5,776.3 points. The Australian Dollar retreated marginally, with 1 Australian Dollar currently buying 79.43 US cents. Once again, the Reserve Bank of Australia (RBA) left the official Cash Rate on hold at 1.50% per annum.
The Australian share market was once again subdued in July, with the All Ordinaries index closing the month 0.2% higher at 5,773.9 points. The Australian Dollar rallied by 4.1% in July, with 1 Australian Dollar currently buying 80.01 US cents.
Once again, the Reserve Bank of Australia (RBA) left the official Cash Rate on hold at 1.50% per annum.
The Australian share market was flat in June, with the All Ordinaries index closing the month steady at 5,764.0 points. The Australian Dollar strengthened by 3.5%, with 1 Australian Dollar currently buying 76.86 US cents. Once again, the Reserve Bank of Australia (RBA) left the official Cash Rate on hold at 1.50% per annum.
Global share markets provided mixed returns in June. The United States Dow Jones index gained 1.6%, the London FTSE fell 2.8%, the Japan Nikkei 225 gained 1.9% and the Hong Kong Hang Seng Index gained 0.4% for the month.
The Australian share market was weaker in May, with the All Ordinaries index closing the month 3.1% lower at 5,761.3 points. The Australian Dollar fell by 0.8% in May, with 1 Australian Dollar currently buying 74.26 US cents. Once again, the Reserve Bank of Australia left the official Cash Rate on hold at 1.50% per annum.
Global share markets provided positive returns in May. The United States Dow Jones index gained 0.3%, the London FTSE gained 4.4%, the Japan Nikkei 225 gained 2.4% and the Hong Kong Hang Seng Index gained 4.2% for the month.
April was a month of consolidation for the Australian share market. The All Ordinaries index closed the month 0.7% higher at 5,944 points.
The Australian Dollar fell by 2.0% in April, with 1 Australian Dollar currently buying 74.87 US cents. Once again, the Reserve Bank of Australia (RBA) left the official Cash Rate on hold at 1.50% per annum.
March was another positive month for the Australian share market, with the All Ordinaries index closing 2.5% higher at 5,904 points. The Australian Dollar was steady in March, with 1 Australian Dollar currently buying 76.41 US cents. Once again, the Reserve Bank of Australia (RBA) left the official Cash Rate on hold at 1.50% per annum.
Global share markets provided mixed results in March. The United States Dow Jones index fell 0.7%, the London FTSE gained 0.8%, the Japan Nikkei 225 fell 1.1% and the Hong Kong Hang Seng Index gained 1.6% for the month.
February with a positive month for investment markets, with the All Ordinaries index closing the month 1.5% higher at 5,761 points. The Australian Dollar increased 1.3% in the month, with 1 Australian Dollar currently buying 76.78 US cents. The Reserve Bank of Australia left the official Cash Rate on hold at 1.50% per annum.
After a strong finish to the 2016 calendar year, investment markets took stock in January. The All Ordinaries index closed the month down 0.8% at 5,675 points. The Australian Dollar increased 5.3% in the month, with 1 Australian Dollar currently buying 75.85 US cents.
Global markets were also generally flat in January. The United States Dow Jones index gained 0.5%, the London FTSE fell 0.6% and the Japan Nikkei 225 fell 0.4% for the month. Once again bucking the trend was the Hong Kong Hang Seng Index, gaining 6.2% for the month (after falling in December).