The value of ASX-listed stocks, as measured by the All Ordinaries Index, fell 0.6% during April. Other major markets rose during the month including the US up 2.8%, UK up 2.7%, Singapore up 2.2%, Japan up 1.0% and Hong Kong up 0.8%. The slight fall in Australian equity values coincided with a strong rise in the Australian dollar: up 5.5% against the US dollar, 3.9% against the Yen and 0.5% against the Euro.
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