February In Review: ASX Rises Five Consecutive Months
Mar 04 2021 During February the ASX200 recorded a fifth consecutive monthly rise with the materials and financial sectors leading the way. -The ASX200 rose 1% during February -Value and large caps outperformed -The Australian 10-year bond yield rose 79 basis points By Mark Woodruff In an eventful month for ASX investors, the focus was initially on the reporting season until rising bond yields also demanded attention. After rotations toward large caps, value stocks and prior covid losers, the ASX200 landed on a 1% gain for February. This was the fifth consecutive monthly rise for the bourse. ...