ASX shares in 2024: A year in review
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As we move into 2025, now would be a good time to reflect on the year that was for ASX shares and Australian investors.
A strong year for the ASX 200
Despite running out of steam and pulling back in December, the S&P/ASX 200 Index (ASX: XJO) delivered a solid performance in 2024. In fact, the benchmark index hit no less than 24 new record highs before finishing the year at 8,159.1 points.
This means that the ASX 200 Total Returns index, which includes dividends, returned 11.2% over the 12 months.
Given that the share market has historically generated an average total return of 10% per annum, this certainly isn’t something to be sniffed at. However, there will no doubt be a few envious looks across at US…