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Market Update – 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
IndexIndex Old (Closed at)Index New (Closed at)% Change
All Ordinaries (Aus)5,4295,5001.3%
Dow Jones (US):18,29318,3390.3%
Nikkei 225 (Japan):16,80716,705-0.6%
Hang Seng (Hong Kong):23,66923,7620.4%
S&P 500 (US):2,1632,1710.4%
FTSE 100 (UK):6,8346,8490.2%
Australian Dollar (US cents)0.760.770.8%

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