1. My Start Page
AllianceBernstein
Remember Me
Haven't registered?

Market Perspective Summary

    Australian Value: October 2012

    October 04, 2012

    The Reserve Bank of Australia cut rates during the month by 25 basis points, down to 3.25%. These increasingly accommodative financial conditions and M&A activity helped the Australian equity market to rally and finish up 2.9%, as measured by the S&P/ASX 300 Accumulation Index. The Australian dollar remained unchanged at US$1.04.

    Sector performance was positive for the month, though only telecom, industrials and financials outperformed the market. Technology, energy and utilities lagged most among the underperforming sectors.

    Clients Only

    The content you have selected is for clients only. If you are a client, please continue to log in. You will then be able to open and read this content.