The value of ASX-listed stocks, as measured by the All Ordinaries Index, rose 3.7% in July 2012. This performance was below rises in other major markets, including Germany up 5.5%, Singapore up 5.5%, and stronger than Hong Kong up1.8%, the US up 1.3%, the UK up 1.2% and Japan down 3.5%.
Volatility measures for the Australian equity market were below long-term averages during July:
- Current volatility (as measured by the average daily movement in the All Ordinaries Index) was 0.6% in July, downon the previous month (0.8%).
- Expected future volatility (as measured by the S&P/ASX 200 VIX) fell in July to an average of 16.6 (compared to 21.3 in June).
Click here to download July's activity report.
