The value of ASX-listed stocks, as measured by the All Ordinaries Index, rose 1.5% in February 2017. This performance was consistent with most major markets, including Hong Kong up 1.6%, Singapore up 1.6%, the UK up 2.3%, Germany up 2.6% and the US up 3.7%. Japan was up 0.4%.
Volatility measures for the Australian equity market decreased during February:
Volatility (as measured by the average daily movement in the All Ordinaries Index) was 0.3% in February, down on the previous month (0.5%).
Expected future volatility (as measured by the S&P/ASX 200 VIX) in February was an average of 12.1 (compared to 13.1 in January).
LISTINGS AND CAPITAL RAISINGS
In February 2017, total capital raised was $1.6 billion, down 73% on the previous corresponding period (pcp).