Aust shares top performance tables
Australian shares have bounced back to become by far and away the best invest-ment sector in November.
Australian shares have bounced back to become by far and away the best invest-ment sector in November.
Australian shares have been in the doldrums for the past few months but rose 5.9 per cent in November, largely making up the ground lost in September and Octo-ber.
According to Ausbil Partners, international equities was the only other sector that came close to Australian equities, posting a 3 per cent return for the month. Asian markets were the star performers with Korea up 19.6 per cent, Hong Kong up 16 per cent and Singapore up 9.3 per cent. European markets also had good numbers for October with France up 9.3 per cent and Germany rose 6.7 per cent. The US market gains were a comparatively modest 1.4 per cent.
Domestic and international bonds recorded modest gains for the month, much in line with fixed interest performance for the year. Listed property trusts continued their recent run of bad form, losing 0.3 per cent for November.
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