Gains in the resources, banking and technology sectors contributed to a 6.9% total return for the ASX200 in March, as Australia continued to outperform global equity markets
Losses in the energy and financial sectors outweighed materials and communication services gains leading to a -0.54% total decline for the ASX200 in November, as volatility increased with news of a new covid variant
Losses in the industrial and energy sectors outweighed information technology gains leading to a -0.1% total decline for the ASX200 in October as Australian 10-year bond yields continued to climb
10:27 AM
Gains for the technology sector spurred a 2.3% rise for the ASX200 in June, the eleventh month of gains for a financial year that returned 27.8%.
-The ASX200 climbed 2.3% during June and the FY21 total return was 27.8%
-In June Technology was the best sector while Financials dragged
-Over FY21 Consumer Discretionary was strongest as Value outpaced Growth
-The average return for the major banks was 52% in FY21
-FY21 commodity prices jumped on average 55%
-Stock and sector picks for the new financial year
By Mark Woodruff
Australian stocks rose 2.3% in June, lifting the ASX200 total return in FY21 to 27.8%, the strongest increase since the 28.7% return in 2006.