Original article by Andrew White, Eli Greenblat
The Australian – Page: 17 & 28 : 30-Jul-19
The S&P/ASX 200 closed less than three points shy of its all-time record on 29 July, but the upcoming corporate earnings season may see the benchmark index reach a new high. The S&P 500 and the FTSE 100 surpassed their 2007 peaks in 2013, while the Nikkei did so in 2015. Alphinity Investment Management’s Bruce Smith has downplayed the significance of the ASX 200’s rise, noting that the S&P ASX All Ordinaries Accumulation Index also rose above its 2007 levels in 2013 and has since consistently reached new highs.
CORPORATES
STANDARD AND POOR’S ASX 200 INDEX, STANDARD AND POOR’S 500 INDEX, FTSE 100 INDEX, NIKKEI 225 INDEX, STANDARD AND POOR’S ASX ALL ORDINARIES ACCUMULATION INDEX, ALPHINITY INVESTMENT MANAGEMENT PTY LTD, WILSON ASSET MANAGEMENT, OPHIR ASSET MANAGEMENT PTY LTD, RESERVE BANK OF AUSTRALIA