Lonsec Market Commentary – May 2016

Lonsec Market Commentary – May 2016

The S&P/ASX 200 Index was up over May, finishing at 5,378.56, the highest level since August 2015. Health Care, Information Technology and Consumer Discretionary sectors lead the rise, while Materials and Energy fell.

Even though the RBA remains concerned about low inflation, GDP is running at an above-trend 3.1% year-on-year.

The Australian Dollar fell against the US Dollar over May, down from $0.7603 to $0.7234.

For the full summary, you can read the May Lonsec Market Commentary here:

Lonsec Market Commentary – May 2016

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