Stocks set to tumble after French terror

Original article by Mark Mulligan
The Australian Financial Review – Page: 21 : 16-Nov-15

Global sharemarkets are expected to be heavily sold down on 16 November 2015, as investors opt for lower-risk assets in the wake of the terrorist attacks in Paris. Australia’s benchmark S&P/ASX 200 closed at 5,051.25 on 13 November, and futures markets had already anticipated a fall below the 5,000-point level prior to the terrorist attacks. AMP Capital’s Shane Oliver does expect any downturn in the Australian market to be sustained, although he says resources stocks are likely to fall further.

CORPORATES
STANDARD AND POOR’S ASX 200 INDEX, AMP CAPITAL INVESTORS LIMITED, BLOOMBERG COMMODITY INDEX, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, PEAK ASSET MANAGEMENT PTY LTD, UNITED STATES. FEDERAL RESERVE BOARD, HASSIUM ASSET MANAGEMENT, CAC 40 INDEX, EURO STOXX 50 INDEX, RESERVE BANK OF AUSTRALIA, BLOOMBERG LP

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