Original article by David Rogers
The Weekend Australian – Page: 25 & 39 : 1-Jul-23

The S&P/ASX 200 gained 9.7 per cent during 2022-23, which is well above the average gain of 6.6 per cent over the last decade; it also follows a loss of 10.2 per cent for the previous financial year. The benchmark index rose by 14.5 per cent in 2022-23 on a total return basis, compared with a 6.1 per cent loss in 2021-22. The S&P/ASX 200 information technology index rose by 36 per cent in 2022-23, while the materials sector added 15 per cent. Meanwhile, AMP Capital expects balanced superannuation funds to post a gain of 8-9 per cent for the financial year.

CORPORATES
STANDARD AND POOR’S ASX 200 INDEX, STANDARD AND POOR’S ASX 200 INFORMATION TECHNOLOGY INDEX