Category Archives: Market Updates

Lonsec Market Commentary – August 2015

Lonsec Market Commentary – August 2015

The S&P/ASX 200 Accumulation Index fell 7.8% in August, lead by the banking and energy sectors.

There was continued global and domestic market volatility, primarily due to a series of Chinese currency devaluations. Equity markets fell sharply in late August before recovering a little towards the end of the month.

The Australian Dollar fell against the US Dollar, falling 2.7% over the month.

For a summary of the domestic and international economic news for August you can read the full Lonsec Market Commentary here:

Lonsec Market Commentary – August 2015

Lonsec Market Commentary – July 2015

Lonsec Market Commentary – July 2015

The S&P/ASX 200 Accumulation Index gained 4.40% over July, closing in on the 5700 mark. Domestically the Health Care sector performed best while Resources remained the worst, following continuing weakness in the commodities market.

Following the Greek Government’s acceptance of the EU bailout plan, US and European markets posted widespread gains over the month while Chinese stocks continued their selloff from June, with the MSCI Emerging Markets Index dropping 1.84%.

For a summary of the domestic and international economic news for July you can read the full Lonsec Market Commentary here:

Lonsec Market Commentary – July 2015

Lonsec Market Commentary – June 2015

Lonsec Market Commentary – June 2015

As the financial year came to an end the S&P/ASX 200 Accumulation Index lost 5.30% in June amid earnings downgrades. There was fairly heavy selling in Europe at the end of June amidst the still continuing Greek Debt Crisis, equity markets across Asia fell as well over the month.

The RBA left interest rates at 2% and while the trade deficit narrowed and retail sales were up, both were less than hoped for. In the US and Europe there were continuing signs of growth and improving economic activity.

For a round up of the domestic and international economic news for June you can read the full Lonsec Market Commentary here:

Lonsec Market Commentary – June 2015

Lonsec Market Commentary – May 2015

Lonsec Market Commentary – May 2015

The S & P/ASX 200 Accumulation Index was up slightly at the end of May despite the big 4 banks being down 3.20% over the month.

European equity markets all finished slightly down at the end of the month while the Shanghai Composite and the NIKKEI both finished up.

Another budget deficit was forecast but consumer sentiment was up, spurred on by the RBA cutting the cash rate by another 0.25% to a new historic low of 2.0%.

For a round up of the domestic and international economic news for May you can read the full Lonsec Market Commentary here:

Lonsec Market Commentary – May 2015