Market Updates

April saw the ASX 200 jump over 250 points in the first week of the month. For the remainder of the month the market 7,000 point barrier, however, finishing the month above this and making fresh record highs over the past week. A summary of major market returns is below: Above we can see very large one-year gains as a result of the low starting point on the back of last years crisis. However, we can see that over a

Last month I started the review with images of the capitol hill rioting and discussed how the democrats had surprisingly won both senate seats in Georgia. Thankfully The inauguration of Joe Biden as the 46th President of the united states didn’t end in utter chaos as some were expecting as per the Capitol Hill storming. It is now clear that Biden is the president and we can now focus on what he will bring to the table. The ASX200 ground

Happy New Year! We are all hoping for a less eventful year than 2020, and 6 days in we see scenes like this! Trump supporters stormed the US Congress building, in an effort to halt the certification of President Elect Joe Biden, in scenes that have shocked the world. Congress was able to later reconvene to finalise the certification, as the fallout is now calling for immediate removal of President Trump’s powers. Meanwhile, a surprise result in the runoff election

Australian stocks fell 4% in September, driven by concern the global recovery could stall without more stimulus (a concern amplified by the upcoming US Election) and concern surrounding Europe’s second wave of coronavirus cases as they approach winter. Further adding to the uncertainty was the bombshell dropped on Friday with the President and the First Lady having both contracted Coronavirus, more on that later. We summarise the main indices below: Healthcare was the only major sector to post a gain

Equities finished the financial year in style, extending an impressive three-month run. We summarise the main indices below: All up the ASX fell 10.9% in FY20 (7.7% after accounting for dividends), which was the first down year in four years and the worst financial year since 2012. It is hard to believe that it was only February when we were celebrating a new record high! As the old adage goes, markets like to go up the stairs and down the elevator,

Equities continued their strong run in May as developed countries began reopening and a string of economic data coming out better than expected. We summarise the main indices as at the end of May below: Australian shares backed up a stellar April to edge up a further 4.4%. Resources (+8%) led the way higher on the back of iron ore prices which are now over $100 a tonne, caused by threats to Brazilian iron ore production due to their coronavirus

Equities showed remarkable recovery in April, with Australian shares, in particular, bouncing back nearly 9%! All sectors ended up positive, with Energy (+25%) and Information Technology (+22%) being the strongest performers. We summarise the main indices as at the end of April below: The recovery can mostly be attributed to growing optimism surrounding re-opening the economy and investor sentiment that indicates that we have already endured the worst. Despite this recovery, the magnitude and duration of the disruption remains unclear

Coronavirus concerns continued to dominate markets through March, causing unprecedented volatility in investment markets. The far reaching economic consequences have effectively wiped out all of the progress made over the last three years. We summarise the main indices as at the end of March below which have now turned to a sea of red: In addition to the above, the combined effect of extraordinary demand destruction and a market-share war between Russia and the Kingdom of Saudi Arabia (KSA) led