11:33 AM
During April the ASX200 recorded a seventh consecutive monthly rise with the technology and resources sectors leading the way.
-The ASX200 climbed 3.5% during April
-Growth marginally outperformed Value
By Mark Woodruff
Equity markets continue to enjoy an outstanding start to 2021, with returns well ahead of average. At a global level, this trend is underpinned by ongoing fiscal stimulus and persistently accommodative monetary policy.
Locally, earnings revisions appear firmly in upgrade territory, while dividends have gathered momentum with consensus projections now up 16.7% in the year-to-date. Additionally, business and consumer surveys are pointing to strong and growing confidence.
Meanwhile, the Bloomberg Commodities Index has climbed by 15.22%. This is 12.8 percentage points above the typical year-to-date average since 1970.