Market Commentary

Dec 15, 2013

The December quarter was volatile due to US tapering announcements but managed to finish the quarter higher with the S&P ASX 200 increasing to 5,352.21.

Australia

  • The Australian economy continues to be heavily influenced by events out of the US and China. Most notably US discussion around the timing of reducing the amount of money the U

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Market Commentary

Sep 15, 2013

The September quarter was industrious despite many Global challenges with the S&P ASX 200 increasing to 5,218.90.

Australia

  • The Australian economy continues to be heavily influenced by events out of the US and China.
  • The Reserve Bank of Australia (RBA) cut rates in August by 25 basis points (0.25%) to 2.50%, stating “a low

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Market Commentary

Jun 15, 2013

The June quarter has delivered increasing sharemarket volatility with the S&P ASX 200 closing at 4,803.

Australia

  • The prevailing question in the Australian sharemarket continues to be whether the non-mining sector can offset the slow down occurring in the mining sector.
    • Several mining and mining services co

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Market Commentary

Mar 15, 2013

The sharemarket rally has continued into the March quarter with the S&P ASX 200 finishing at 4,967. The market sectors benefiting from the rally in the period were Consumer Staples, Telecommunications, Healthcare and Financials.

Australia

  • Notwithstanding the above comment the recent upward market momentum appears to have stalled into a

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Market Commentary

Dec 15, 2012

The December quarter has delivered relief for investors with the S&P ASX 200 finishing the quarter up 6% closing at 4,648 due to two rate cuts from the Reserve Bank of Australia (RBA) and market commentary predicting further rate cuts in 2013. The impact of the rate cuts has created a chase for yield, which has driven the market to levels not seen since March

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Market Commentary

Sep 15, 2012

The quarter has seen a gradual recovery in equity markets, particularly the S&P 500 achieving record highs set in mid 2000 and late 2007.

The optimism has been driven by policy action by the major G7 governments to stimulate growth. Below is a recent chart prepared by Fidelity Funds Management Group highlighting the current downturn and recovery. The downt

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Market Commentary

Jun 15, 2012

The ASX 200 closed the financial year at 4094.60 which was down -5.55% for the quarter and -11.14% for the year. Throughout this quarter there has been continued volatility due to overseas influence from the USA and European countries. The news flow from Greece and Spain remains negative, the world is waiting for news on a decisive course of action to begin to so

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Market Commentary

Mar 15, 2012

The Australian sharemarket rose for the quarter closing at 4,335. The trend during the quarter saw a decrease in volatility however there have been no strong economic signals to drive the market. The market continues to be affected by the high level of political malaise.

This quarter saw growing activity in the hybrid notes market with companies such as ANZ, T

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Market Commentary

Dec 15, 2011

The volatility is continuing with investors remaining nervous and uncertain in respect to the future. The quarter was marked by days of extreme volatility and poor investment sentiment due to concern in slowing economic growth in Australia and China, companies reporting lower profit expectations and/or downgrades prior to the commencement of the profit reporting

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Market Commentary

Sep 15, 2011

The September quarter has been the most stressful since 2008 / 2009. Notwithstanding that the Australian and Chinese economy are resilient. The volatility has been driven by Europe and the daily movements on Wall Street.

The years 2011, 2012 and possibly 2013 of this decade, I consider to be the years that will be most difficult, primarily due to the time requ

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