Original article by David Rogers
The Australian – Page: 28 : 28-May-19
Australia’s S&P/ASX 200 has gained 14 per cent so far in 2019, closing at around 6,452 points on 27 May, and some analysts expect it to rise further. Citigroup now expects the benchmark index to top 6,700 points by the end of the year and reach the 6,850-point level by mid-2020. However, Chris Nicol of Morgan Stanley expects the local bourse to experience a ‘cooling off period’ following its recent peak at a 12-year high.
CORPORATES
STANDARD AND POOR’S ASX 200 INDEX, CITIGROUP PTY LTD, MORGAN STANLEY AUSTRALIA LIMITED, MACQUARIE EQUITIES LIMITED, AUSTRALIAN PRUDENTIAL REGULATION AUTHORITY, RESERVE BANK OF AUSTRALIA