ASX Rebounds With Strong Capital Gains in December 2015, Futures Improve Performance

The ASX raised a total of $8.7 billion in total capital during December 2015, compared to $7.9 billion in November,

The Australian Securities Exchange (ASX) has reported its monthly activity report for December 2015, which saw a paring of last month’s losses and a general ascension in capital across a number of key benchmarks and indices, according to an ASX statement.

For the month ending December 2015, the value of ASX-listed stocks, as measured by the global All Ordinaries Index, secured a healthy 2.4% advance – this performance also outperformed many other leading market blocs, notably when weighed against Germany (-5.6%), Japan (-3.6%) and the United States (-1.8%) – the only other major market of note with a positive performance in December 2015 was Singapore (0.9%).

Join the iFX EXPO Asia and discover your gateway to the Asian Markets

In addition to this rise in capital, the ASX saw unchanged bouts of volatility in December, with its volatility, as calculated by the All Ordinaries Index, holding steady at 0.8% in December 2015, unchanged MoM from November 2015.

Key Specifics

Suggested articles

Forex Trading Disruptor Sees Growth Thanks to Offshore Regulated StatusGo to article >>

In terms of market specifics, the ASX also raised a total of $8.7 billion in total capital during December 2015, relative to just $7.9 billion back in November 2015, or 10.1% MoM. Across its initial capital raise, the exchange managed to raise $2,565 million during the month of December 2015, up 16.2% YoY from $2,208 million in December 2014.

The total value of cash markets for the ASX during December 2015 was $90.7 billion, down -8.2% MoM from $98.8 billion in November 2015 – this result did justify a 5.1% increase YoY from $86.3 billion in December 2014.

For the second consecutive month the ASX also bested its 2014 counterpart in the area of future contracts. Indeed, the ASX witnessed a total of 11.9 million futures contracts traded during December 2015, up 26.6% MoM from 9.4 million contracts in November 2015. Across a yearly timeframe the most recent figures orchestrated a more tepid rise, or less than 1% YoY from 11.8 million contracts in December 2014.

Finally, the notional value of over-the-counter (OTC) interest rate derivative contracts centrally cleared during December 2015 was $104.0 billion, plunging -44.5% MoM from $187.5 billion in November 2015.

Got a news tip? Let Us Know