Australia Stock Market Index (S&P/ASX 200)

S&P/ASX 200 fell by 0.15% on Friday October 24, trading at 9,019 with a weekly loss of 0.14% and monthly gain of 2.9%. The Reserve Bank of Australia's decision to hold interest rates at 3.60% is impacting the S&P/ASX 200. The RBA noted that recent data suggests inflation may be higher than anticipated for the September quarter, a factor influencing the index. Australia's unemployment rate fell to 3.9% in November, a development that historically pressures wages and inflation, thus affecting the S&P/ASX 200. A stronger than expected inflation report in June, showing annual inflation at 2.1%, has led economists to forecast rate cuts which has implications for the S&P/ASX 200. Its 52-week high was 9,115.2, while its 52-week low was 7,169.2.
Performance Technical Forecast Historical
5 Days 1 Month 3 Months 6 Months YTD 1 Year 3 Years 5 Years 10 Years
-0.14% 2.90% 3.55% 13.19% 10.54% 9.90% 23.82% 38.37% 74.57%