Market Commentary

Jul 15, 2015

The S&P ASX200 has fallen 8.8% since the beginning of the quarter. September quarter was incredibly volatile with the S&P ASX200 falling 800 points or 14% from its high in early August. Market volatility can only be described as extreme with daily movements of 1% or more the norm rather than the exception. The major financial issues impacting the Australi

» Read More

Market Commentary

Mar 15, 2015

The Australian Sharemarket rose strongly in the March quarter. The S&P ASX200 closed at 5,891. The strong performance was driven by the continued search for yield. Magnified by a 0.25% pa cut in the Reserve Banks interest rate and market expectations of further interest rate cuts. Creating fear in the fixed interest market as deposits mature with investors lo

» Read More

Market Commentary

Dec 15, 2014

The Australian Sharemarket was extremely volatile during the December quarter, resembling a rusty old saw blade. The S&P ASX200 increased marginally over the quarter to close at 5,411.

Australia

  • The Reserve Bank of Australia (RBA) kept the cash rate at 2.50% pa for

» Read More

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

» Read More

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

» Read More

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

» Read More

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

» Read More

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

» Read More

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

» Read More

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

» Read More