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Don't quit party early: Quinton sees more gains

Nov 14, 2017 (The Australian - ABIX via COMTEX) --

The benchmark S&P/ASX 200 fell below 6,000 points on 14 November, following a gain of seven per cent over the last five weeks. Peter Quinton of Bell Financial Group believes that the S&P/ASX 200 is trading at fair value, which suggests that investors should continue to buy equities. He adds that the local bourse's attractive earnings per share growth forecast and its grossed-up dividend yield also support the case for equities. Although Quinton's "bear market checklist" suggests that a correction of 10 per cent is likely, it should not be any larger than this and will create more buying opportunities..

Publication Date: 15 November 2017

STANDARD AND POOR'S ASX 200 INDEX
BELL FINANCIAL GROUP LIMITED - ASX BFG
STANDARD AND POOR'S 500 INDEX
WOODSIDE PETROLEUM LIMITED - ASX WPL
ROYAL DUTCH SHELL PLC

By David Rogers

Copyright 2017 Roy Morgan Research. All Rights Reserved.

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