The S&P/ASX 200 gained 6.6 per cent in November, according to the latest data from S&P Dow Jones Indices, helping to bring the benchmark index back into the positive year to date.
When combined with the 6.0 per cent gain seen in October, November’s positive result means that the S&P/ASX 200 is up 13.0 per cent so far this quarter.
“Large caps outperformed their mid and small-cap brethren as the S&P/ASX 50 added 7.0 per cent versus 5.0 per cent for the S&P/ASX MidCap 50 and 4.9 per cent for the S&P/ASX Small Ordinaries,” said S&P Dow Jones Indices director, index investment strategy, Benedek Vörös.
During the month, the S&P/ASX 20 gained 7.2 per cent, the S&P/ASX 100 lifted 6.7 per cent and the S&P/ASX 300 rose by 6.5 per cent. Meanwhile, the S&P/ASX Emerging Companies index lagged slightly with a gain of 3.3 per cent.
The S&P/ASX 200 is up 2.2 per cent year to date, with the S&P/ASX 20 (6.9 per cent), S&P/ASX 50 (5.1 per cent) and the S&P/ASX 100 (4.0 per cent) also among the top performers.
On the other end of the spectrum, the S&P/ASX Emerging Companies index is down 19.7 per cent so far this year while the S&P/ASX Small Ordinaries index has fallen 15.2 per cent.
Every sector of the S&P/ASX 200 managed to post gains during the month of November.
“The S&P/ASX 200 utilities was the star performer among Australian sectors this month, surging 20.9 per cent, but even worst-performing communication services rose by a respectable 2.1 per cent,” commented Mr Vörös.
The next best performer was the materials sector (16.3 per cent) followed by healthcare (6.0 per cent), industrials (5.9 per cent), real estate (5.0 per cent) and consumer staples (3.9 per cent).
Following these were consumer discretionary (2.9 per cent), information technology (2.9 per cent), energy (2.7 per cent) and financials (2.5 per cent).
With only one month left in 2022, energy is the sector with the strongest year-to-date gains (55.4 per cent), ahead of utilities (31.6 per cent) and materials (14.0 per cent).
The worst performer of the year has been the information technology sector with a loss of 29.9 per cent, along with real estate (-17.4 per cent) and consumer discretionary (-14.4 per cent).
