Financial year wrap
After rising by around 25 per cent in 2020/2021, the Australian All Ordinaries index lost 11.1 per cent in 2021/22 while the S&P/ASX 200 fell by 10.2 per cent. The Utilities sector lifted by 29.3 per cent, ahead of Energy (+24.5 per cent) and Industrials (+0.8 per cent).
ASX 200 performance
The Australian sharemarket has fallen by 10% over the past financial year, as central banks scampered to unwind stimulus that had been put in place at the height of the Covid emergency. The Utilities and Energy sectors were the clear stand outs.
Commodities outlook
CBA Director Mining and Energy Economist, Vivek Dhar discusses his upgraded price outlook for oil, coal and gas over the shorter to medium term, as Europe works to replace or reduce its reliance on Russian supply. He also speaks about how rising rates are impacting commodities.
Renaissance Asset Management Portfolio Manager, Dermot Ryan speaks with Tom Piotrowski about the recent market volatility and the areas of the market where he sees opportunities in the current environment.
Energy and fuel prices have soared this year, with S&P/ASX 200 energy shares jumping 24.5% in 2021/22. Aussie-listed oil and gas companies have performed well, offering investors a natural hedge against rising inflation. We take a look at how the global energy shock has impacted the Australian sharemarket.
Start trading today with Australia's leading online broker
Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814 ("CommSec") is a wholly owned, but non-guaranteed, subsidiary of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 ("the Bank") and both entities are incorporated in Australia with limited liability.
This information is directed and available to and for the benefit of Australian residents only and is not a recommendation or forecast.
This information has been prepared without taking account of the objectives, needs, financial and taxation situation of any particular individual. For this reason, any individual should, before acting on the information on this site, consider the appropriateness of the information, having regards to their own objectives, needs, financial and taxation situation, and, if necessary, seek appropriate independent financial, foreign exchange and taxation advice. CommSec, and its related bodies corporate, do not accept any liability for any loss or damage arising out of the use of all or any part of this information. We believe that this information is correct as at the time of its compilation, but no warranty is made as to its accuracy, reliability or completeness.