March’s Performance Overview
- Equity markets came under renewed pressure during March following the catastrophic and tragic events in
- Investors moved quickly into “risk-off” mode, although this proved short-lived as markets began to recover once the radiation risks from the damaged nuclear reactor were mitigated and the overall impact on global growth was determined to be minimal.
- Continued uncertainty around events in MENA, particularly Libya, resulted in further upward pressure on oil prices and added to overall investor caution.
- Despite these factors, the Australian market (ASX200) finished the month flat (+0.1%), and is ahead
for 1Q11 (+2.0%).
Download the Wrap Up of the Market for March 2011 here.