Market Commentary

Sep 15, 2014

The Australian Sharemarket performance has been negative this quarter with the S&P ASX200 closing at 5,292, down approximately 2% however, the gross amount is a fall of about 6.5% in the month of September.

Australia

  • The Reserve Bank of Australia (RBA) kept the cas

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Market Commentary

Jun 15, 2014

The Australian market performance has been flat this quarter with the S&P ASX200 closing at 5,395, notwithstanding individual stocks within the index have experienced significant volatility.

Australia

  • The Reserve Bank of Australia (RBA) kept the cash rate at 2.50% pa for the quarter stating current policy stance was likely to be appropr

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Market Commentary

Mar 15, 2014

Market volatility persisted into the March quarter and the Australian sharemarket closed slightly higher with the S&P ASX 200 increasing to 5,394.83. However, price movement of companies in the market continues to be very volatile.

Australia

  • The Reserve Bank of Australia (RBA) kept the cash rate at 2.50% pa for the quarter, stating “i

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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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