Sydney Stocks Sizzle Most in Mid-Winter Month of July

Average gain during the month has been 2.6 percent

Investors in Australia may have something to look forward to amid the cold southern winter -- their portfolios are likely to heat up starting next week. July is typically the best month for the benchmark in Sydney, with an average gain of 2.6 percent over the past ten years. The S&P/ASX 200 Index has only dropped three times in the month since 2007, and only once since the global financial crisis.

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