Independent Australian and global macro analysis

Friday, August 31, 2018

ASX200 August Scorecard

Australia's S&P/ASX200 index closed the end of August at 6,319.5, which equated to a gain of 0.63% in the month. This follows gains of 1.38% in July and 3.04% in June. 

Overall, the benchmark index sits at around decade highs.

The breakdown of the industry sectors is shown in the chart, below. Most sectors found gains in August, but weakness from the two largest sectors — Financials and Materials — held the broader index back.

The Australian dollar has declined by around 2.6% against the US dollar in August and by around -2% on a trade-weighted basis.