The performance of Far Eastern stock markets has been disappointingly poor for the best part of this...
The performance of Far Eastern stock markets has been disappointingly poor for the best part of this year. Indeed, along with China, the only Pacific region stock market to record a gain over the second quarter was Australia, with the FTSE Australia index up a highly respectable 11.8%, in local terms. Traditionally regarded as the region's most defensively oriented stock market, Australia is benefiting from strong macroeconomic fundamentals that are encouraging investors to buy into the resources and basic industries sectors and also into domestic orientated stocks, particularly financials...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes