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Article: Playing catch up - Where to find value in the sharemarket.
- Article from:
- Australasian Business Intelligence
- Article date:
- September 15, 2009
CopyrightCOPYRIGHT 2009 News provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: James Dunn
Sep 15, 2009 (The Australian - ABIX via COMTEX) -- Although the Australian stock market's forward price-earnings ratio between late 2007 and March 2009 fell from 17.6 to 8.4, investors were wary of seeking out bargains due to the global financial crisis. Since then however the market has recovered 45%, and the opportunities are becoming less abundant. Experts are divided on how much of a bargain can still be found, and in which industry segments.
Publication Date: 16 September 2009
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