Lonsec Market Commentary – March 2016
The S&P/ASX 200 regained some of the ground lost in February but is still down 15% from it’s April high from last year. Equities were up by 4.78% for the month of March but were down 9.27% over the year to March. All sectors were positive over the month.
Markets across Asia, Europe and the USA all recovered over March.
Unemployment in Australia fell back to 5.8% after the January increase, with Queensland, Victoria and New South Wales taking the lead. Unemployment in Europe fell slightly as well, down to 10.30%, which is the lowest rate since August 2011.
For a summary of how markets performed in March, you can read the Lonsec Market Commentary here:
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