Original article by Misa Han
The Australian Financial Review – Page: 29 : 11-Mar-15
Australia’s S&P/ASX 200 has risen by 83 per cent in the last six years, while the S&P 500 has risen by 205 per cent. Evan Lucas of IG Markets says the local market has been affected by the slowing Chinese economy and the Australian economy’s shift from a focus on mining to services. Analysis shows that BHP Billiton, QBE Insurance Group, Newcrest Mining, OZ Minerals, Rio Tinto, Woodside Petroleum, BlueScope Steel and WorleyParsons have accounted for about 530 of the points shed by the S&P/ASX 200 since late 2007
CORPORATES
STANDARD AND POOR’S ASX 200 INDEX, STANDARD AND POOR’S 500 INDEX, IG MARKETS LIMITED, BHP BILLITON LIMITED – ASX BHP, QBE INSURANCE GROUP LIMITED – ASX QBE, NEWCREST MINING LIMITED – ASX NCM, OZ MINERALS LIMITED – ASX OZL, RIO TINTO LIMITED – ASX RIO, WOODSIDE PETROLEUM LIMITED – ASX WPL, BLUESCOPE STEEL LIMITED – ASX BSL, WORLEYPARSONS LIMITED – ASX WOR, MINERALS AND METALS GROUP, MEDIBANK PRIVATE LIMITED – ASX MPL