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Market Update – October 2016
18 October 2016
A flat week on the markets with most markets moving less than half a %. That is, except for our own market which surged 1.3% on the week (close on Wednesday), and an additional 1% on Thursday at the time of this writing.
The ANZ/Roy Morgan Consumer Confidence index was a contributor to this, with a rise in the index of 4.4%, the largest weekly gain in 11 months.
Furthermore, an estimate of family finances by the same group recorded the highest figures in 7 years.
| Figures for 29/9/2016 | |||
| Index | Index Old (Closed at) | Index New (Closed at) | % Change |
| All Ordinaries (Aus) | 5,429 | 5,500 | 1.3% |
| Dow Jones (US): | 18,293 | 18,339 | 0.3% |
| Nikkei 225 (Japan): | 16,807 | 16,705 | -0.6% |
| Hang Seng (Hong Kong): | 23,669 | 23,762 | 0.4% |
| S&P 500 (US): | 2,163 | 2,171 | 0.4% |
| FTSE 100 (UK): | 6,834 | 6,849 | 0.2% |
| Australian Dollar (US cents) | 0.76 | 0.77 | 0.8% |
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