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June In Review: FY21 Closes With Eleventh Monthly Gain - Vimarsana News

June In Review: FY21 Closes With Eleventh Monthly Gain

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 r...

April In Review: Technology And Resources Shine - Vimarsana News

April In Review: Technology And Resources Shine

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 ...