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Australian market has best July in 22 years

by Andrew Newman
in Investing
5 Aug 2009 | 0 Comments

 

I came across some interesting statistics today.

The Australian share market has experienced its best July in 22 years since July 1987. The ASX 200 hit its highest level in almost 9 months, having rallied 13.56% in just 14 trading days. The Shanghai index has gained around 80% since the start of the year. The prices of copper and crude oil have doubled.

Are we entering a new bull market? Only time will tell.

 

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