Performance and Market Outlook
Overall, global equity markets had the strongest month in October since July 2016. Asian markets lead the charge (Nikkei 225 +10.5%, Korean Kospi +6.2%, Hang Seng +3.5%), European markets were bouyant (DAX 5.0%, STOXX 50 +2.9%, FTSE 100 +1.6%), whilst big name US technology stocks (Amazon, Apple, Microsoft all up 10%+) drove the NASDAQ 3.4% higher vs the S&P500 up 2.4%. Domestically, the S&P/ASX 200 closed the month +4.1%, challenging the year-high level set in April.
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