Investment Matters

The markets

Markets 29 1 16

The local market finished the week around 1% higher with fluctuations in the oil price having a major impact on market movements.  Mining and energy stocks were generally higher with commodity prices rallying off recent lows.

In a volatile week, the US market rose more than 1%, despite concerns over the Chinese market, which hit 13 month lows, and a mixed reaction to the Federal Reserve’s decision to keep interest rates on hold.