October’s Performance Overview
- October saw equity markets consolidate the gains made in September with the majority of markets finishing the month higher.
- The start of the domestic AGMs and Bank results combined with US 3Q reporting season provided the main news flow for investors.
- The prospect of the US Federal Reserve recommencing a second round of quantitative easing (QE2) and its implications for various asset classes was also a focus.
- The Australian market (ASX200) finished the month up +1.7%.
Download the Wrap Up of the Market for October 2010 here.