Market Close 31 Mar 20: A volatile end to the month and the March quarter

The ASX 200 closed the day down 104 points or 2% to 5076, a turnaround of 290 points from its highs where it was up 3.5% at its best levels in early trade.  The uncertainty over the economic fallout from the coronavirus crisis has been the major theme for markets globally in recent times. Even with improvements for 4 of the last 6 sessions, the top 200 index was still down 21% for the month and 24% for the quarter. While the broader All Ordinaries tumbled 21.5% for the month and 24.9% for the quarter, the All Ord’s worst performance since 1987.

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