Jun 22, 2026 (The Australian Financial Review - ABIX via COMTEX) --
The benchmark S&P/ASX 200 Index has gained just 1.2 per cent so far in 2026; in contrast, the Nasdaq has risen by 14 per cent and Japan's Nikkei is up 43 per cent. Richard Schellbach from UBS says the ASX 200 looks unattractive and uncompetitive to global investors compared with other equity markets in the region, citing factors such as high interest rates and the effect of the federal government's budget tax changes on the property sector. Sebastian Mullins from Schroders says the high valuations of Australian shares makes the local bourse very expensive relative to corporate profits..
Publication Date: 23 June 2026
STANDARD AND POOR'S ASX 200 INDEX
NASDAQ COMPOSITE INDEX
NIKKEI 225 INDEX
UBS HOLDINGS PTY LTD
SCHRODER INVESTMENT MANAGEMENT AUSTRALIA LIMITED
COMTEX_484491789/2229/2026-06-22T19:10:08
By Cecile Lefort
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