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: