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Australian equities copped a battering in 2018
Stock market investors will be hoping for better returns in 2019, after the All Ordinaries fell 7.4 per cent during 2018.
The index began the year at 6,167.30, climbed to a high of 6,460.50 on August 30, but then fell steadily to 5,709.40 by the end of December.
The All Ords also posted losses over the final month, quarter and half (see table below).
Losses were particularly high in the last three months of 2018, during which the All Ords slumped 9.7 per cent.
However, the long-term picture is better, with the All Ords having gained 6.8 per cent over three years and 56.0 per cent over 10 years.
The All Ordinaries is an index made up of the share prices for 500 of the largest companies listed on the Australian Securities Exchange. It peaked at 6,873.20 on 1 November 2007.
| Close at end of 2018 | 5,709.40 |
|---|---|
| Change over the past 1 month | -0.7% |
| Change over the past 3 months | -9.7% |
| Change over the past 6 months | -9.2% |
| Change over the past 1 year | -7.4% |
| Change over the past 3 years | 6.8% |
| Change over the past 5 years | 6.7% |
| Change over the past 10 years | 56.0% |
Disclaimer
This article is over two years old, last updated on January 5, 2019. While RateCity makes best efforts to update every important article regularly, the information in this piece may not be as relevant as it once was. Alternatively, please consider checking recent investment funds articles.
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