Australia's fortunes are linked to Asia and if you compare XJO performance against various Asian indices it doesn't look so bad. Overseas fund managers view Australia as a bet on China and India, and those two markets haven't done very well this year. I can't explain how those New Zealanders beat us this year though !
under performing, page-29
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Last
8,075.7 |
Change
87.800(1.10%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,987.9 | 8,079.0 | 7,979.5 |
| XJO (ASX) Chart |