31 May 2017

Weekly Insights From The FNArena News Desk 29/05/17

May 2017 has pushed equity indices in Australia back to levels last seen in March and February, erasing in full the April advance, but as has been the case on so many occasions in years past, face value index movements are not telling the full story of what is happening inside the local share market.

What is clear is that Australian equities have found the going tougher than most international peers, with indices poised for a negative performance for the month, even including dividends. Traditionally, June is often weaker than May, so there could be more downside in store.

 

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