Updating the rba index of commodity prices 12 year old dating advice

Nickel was down 5.7%, elsewhere aluminium (-2.6%), zinc (-5.3%), lead (-3.9%) and tin (-1.4%) all fell. The strongest performers were Industrials ( 4.3%), IT ( 4.1%), Health Care ( 3.2%), Utilities ( 3.1%), Property Trusts ( 2.6%) and Financials ( 1.9%).The worst performer by some margin were Telcos (-9.9%), which were led lower by Telstra, TPG Telecom and Vocus Communications – the worst performer in the ASX 100 during April.The UK was the best performing market, with a gain of 8.5%.

updating the rba index of commodity prices-75

In the US, the S&P500 ( 0.9%), the Dow Jones ( 1.3%) and the NASDAQ ( 2.3%) all rose.

The NASDAQ continues its outperformance, driven by the technology sector, particularly Google which rose 9.0% in the month.

Equity markets in Europe performed well as geopolitical risks eased in the month. Italy ( 0.6%), France ( 2.8%) and Germany ( 2.4%) all rose.

The FTSE100 fell 1.6% with the snap election called in the month.

The MSCI World Index was up 1.3% in US dollar terms in the month and 3.6% in Australian dollar terms.

The VIX Index, a market estimate of future volatility of the S&P500 Index finished the month at 10.82 yet moved in a wider range given the geopolitical risks in the month, it peaked at 15.96 on 13 April before falling into month end.Coal prices rose in April, with the price of coal at the Newcastle Coal terminal rising 3.5%, largely as a result of weather impact from Cyclone Debbie in Queensland.Base metals were mixed with the London Metals Exchange (LME) Index down by 2.7%. Australian equities The S&P/ASX 200 Accumulation Index rose by 1.0% during April.Listed property markets offshore also gained in April.The FTSE EPRA/NAREIT Developed Index (TR) climbed by 1.1% in US dollar terms.Stockland gained as investors focussed on strong results from its residential business, including a 24% increase in net deposits for the first nine months of this financial year, compared to the same period a year ago.

Tags: , ,