Welcome to the 205th edition of the Deloitte WA Index, a monthly review of Western Australian stocks and indices.
The market capitalisation of Western Australian listed companies retracted by 3.7% over the month of January 2022, to close at $307.6bn. The decline was in alignment with most global markets, which all experienced pull backs in the first month of the new year, apart from the FTSE 100, which saw modest growth of 1.1%.
The tampering of bond buying programs and talks of interest rate hikes by central banks across the globe were the primary reasons for these systematic declines, as well as continued uncertainty regarding the impact of the COVID-19 Omicron variant and rising tensions in Eastern Europe and the Ukraine.
Download the list of WA’s top 100 listed companies, as of 31 January 2022, explore the sections below and if you do not currently receive our WA Index, please register to be added to our distribution list.
If you have any questions in relation to the Deloitte WA Index please contact Dave Andrews.
Coal, lithium, iron ore, crude oil and LNG were the biggest movers in January – with zinc and cobalt and gold remaining flat.
Performance of WA Index and global indices
WA Index movement
Top performers of the month
Western Australian top performers over the past month by growth in market capitalisation
The top Deloitte WA Index Movers and Shakers in January were: