August Market Wrap-up

Posted by Josh Callaghan September 5, 2018

The ASX 200 hit a fresh 10-year high in August, closing out the month on 6319.

Despite the liberal party leadership battles, the market traded within a relatively tight range meaning that the volatility overall was low. There were, however, a few notable breakouts, with the telecom, tech and healthcare sectors all seeing gains throughout the month.

Watch Canstar’s General Manager of Wealth, Josh Callaghan’s wrap-up on what moved the markets, fixed income and property in August.

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Important Information

To the extent that:
a) this video constitutes general advice, this advice has not taken into account your objectives, financial situation, or needs. Consider whether this advice is right for you. Consider the product disclosure statement (PDS) or any other disclosure document issued by a provider before making any financial decision. For more information, read Canstar’s Financial Services Guide (FSG); and
b) any information in this video constitutes general advice, this advice has been prepared by Canstar Research Pty Ltd ABN 29 114 422 909 AFSL and ACL 437917 (“Canstar”) and does not take into account your individual investment objectives, financial circumstances or needs. Consider whether this advice is right for you.
This video is not intended to provide investment advice or recommendations.
The market price of listed securities can be expected to rise and fall in accordance with general market conditions and factors (both national and international). The share market can be volatile and investment speculative. You may wish to obtain financial advice from a suitable qualified adviser before making any investment decision. Past performance should not be relied upon as an indicator of future performance; unit prices and the value of your investment may fall as well as rise.

Based on information as at 31 August 2018. Information will not be updated.

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