Investment Matters

The markets

Markets 13 11 15

The local market fell more than 3% this week, with global economic concerns continuing to weigh on investors.  The BHP share priced slumped following the tailings' dam disaster in Brazil and a slide in commodity prices, whilst Santos shares also fell heavily following a capital raising.

The US market was also lower, down more than 2.5% for the week, as strong employment data increased the likelihood that the US Federal Reserve will raise interest rates in December.