Original article by Vanessa Desloires
The Australian Financial Review – Page: 25 : 7-Jul-15
Australia’s benchmark S&P/ASX 200 Index shed 5.5 per cent in June 2015, which Chris Caton of BT Financial Group attributes to the debt crisis in Greece. Meanwhile, Deutsche Bank estimates that the Australian sharemarket is trading at around fair value again, with the price-earnings ratio now at 15.25 times. The market had peaked at 16.5 times earlier in 2015.
CORPORATES
STANDARD AND POOR’S ASX 200 INDEX, BT FINANCIAL GROUP PTY LTD, DEUTSCHE BANK AG, WOOLWORTHS LIMITED – ASX WOW, SEEK LIMITED – ASX SEK, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC