ASX’s Sees Capital Exodus in January, Underpinned by Market Weakness

[kreslik.news]

The Australian Securities Exchange (ASX) has announced the release of its monthly activity report for the month ending January 2016, which was characterized by a widespread retreat in several of its key benchmarks and indices, according to an ASX statement.

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In January 2016, the value of ASX-listed stocks, as measured by the global All Ordinaries Index, could not sustain its recent growth, instead faltering by a factor of -5.4% MoM – this downward performance was also shared amongst other leading market ... (read more)