Farewell FY10
Chart of the Week 02 Jul, 2010
FY10 is now behind us. Global stock markets offered investors considerable promise for much of the period – on the anticipation of a global economic recovery – however, sentiment has collapsed in recent months as fears of a double-dip recession have mounted.
Data sourced from Bloomberg
Reviewing the data in more detail, there were significant differences between the sub-sectors on the ASX. While all stocks finished well below their intra-year highs, some still remained in positive territory for the year as a whole – e.g. financials, materials, consumer discretionary and consumer staples – while at the other end of the scale, telcos and energy stocks ended in negative territory.
Data sourced from Bloomberg
