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S&P/ASX 200 index

This tag is associated with 5 posts

6 Sept 2019 (AFR) – ASX rallies and dollar pushes up on US-China trade hopes

(6 September 2019, AFR, p1, Sarah Turner and Vesna Poljak) ‘An unexpected revival of US-China trade talks, the cooling of political mayhem in Hong Kong and the no-deal Brexit vote in the UK have helped soothe fears about the global economy and set off a rally in Asian markets. The S&P/ASX 200 Index advanced 0.9 … Continue reading

31 July 2019 (AFR) – Shares reclaim record high after 11-year wait – Profits season to test sharemarket’s record high

(31 July 2019, AFR, Vesna Poljak and William McInnes) ‘Interest rates drove the Australian sharemarket to a fresh record high on Tuesday, completing an 11-and-a-half year journey, but it will take improved corporate earnings to sustain prices at these levels. A 19.3 point, or 0.3 per cent, advance in the S&P/ASX 200 Index enabled the … Continue reading

27 July 2019 (AFR) – ASX on track to pass 7000 ‘quite easily’

[COMMENT: The views expressed in this opinion piece are not necessarily those of this commentator – everyone is entitled to their own opinion. ALSO, note that even though the All Ordinaries index (XAO) has breached its all-time record high, the S&P/ASX 200 index (XJO) still has not – perhaps next week?] (27 July 2019, AFR, … Continue reading

6 Dec 2018 (AFR) – ASX back to 6000 in 2019: Morgan Stanley

[COMMENT – I am always amused by those who proffer forecasts such as this – that the Top 200 index will be at 6000 in a years time. How can this be anything but sheer ‘educated’ guess work?] (6 December 2018, AFR, p28, By Tim Boyd) ‘Morgan Stanley strategists have set their 12-month price target … Continue reading

15 Jan 2016 (AFR) – ASX tipped to finish 2016 at 4800: Morgan Stanley

(15 January 2016, AFR, p25, by Vanessa Desloires) ‘The Australian sharemarket will post a second year of negative returns as earnings per share growth remains weak and valuations stretched, Morgan Stanley says. Analysts for the investment bank led by Chris Nicol and Daniel Blake cut their target for the S&P/ASX 200 index to 4800 by … Continue reading