Stocks listed on the ASX, as measured through the All Ords, grew 3.9 per cent through December, lower than markets in Germany, up 7.9 per cent, and the UK, up 5.3 per cent, but outperforming others such as the US, which the ASX noted rose only 1.8 per cent.
Volatility was also down in the final month of 2016, with the daily movement in the All Ords easing to 0.6 per cent from the previous month’s 0.7 per cent.
“Expected future volatility, as measured by the S&P/ASX 200 VIX, fell in December to an average of 11.9 compared to 15.2 in November,” the ASX said.
The exchange also saw an increase in the number of new listings, 133 in calendar year 2016 compared with 2015’s 126, however the total capital raised in 2016 was down to $60.9 billion from $104.9 billion in the previous year.
Capital raised in December 2016 alone sat at $6.5 billion, down 25 per cent on the previous corresponding period.
FASEA appoints new chief executive
David Murray commences new role as AMP chairman
ANZ names new group treasurer
Super shouldn’t be a lottery
Can infrastructure equities cope with rising rates?
Is this as good as it gets?