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International events the key influence on stock markets in 2016

The indicator board at the ASX in Sydney
The indicator board at the ASX in Sydney Source: AAP

The Australian share market was heavily influenced by international events in 2016, and it is likely to happen again in 2017. Image: The indicator board at the ASX in Sydney (AAP)


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By Ricardo Gonçalves

Presented by Annalyn Violata

Source: SBS



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The Australian share market was heavily influenced by international events in 2016, and it is likely to happen again in 2017. Image: The indicator board at the ASX in Sydney (AAP)


After a rollercoaster first half of 2016, shares fell below where they started after the Brexit vote -- and then again immediately after Donald Trump's election win in the United States.

 

But that was short-lived.

 

Once the market focused on Mr Trump's economic policies, Australian shares have risen about 9 per cent since the US election outcome.

 


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