142022Mar

Market Update – March 2022

Highlights: Australia’s S&P/ASX 200 Index returned 2.1% with Energy (+8.6%), Consumer Staples (+5.6%), and Materials (+5.2%) posting solid returns. Information Technology continued to be challenged with a decline of -6.6%. Nonfarm payrolls rose 678,000 in February, well above of expectations of a 400,000 increase. The war in Ukraine exacerbated stock market volatility and caused Brent…

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