Sharemarket Update August 2012
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  Running Time: 6:52 Date: 01/08/2012 After another negative year on the Australian stockmarket, hopes that 2012-13 will produce a long-awaited turnaround. Financial year 2011-12 saw the Australian stock market fall by 11 percent, with mining and energy the two sectors to record a downturn - the other 9 sectors fared better. Elio D'Amato, CEO of Lincoln Stock Doctor, says the Australian economy is still in good shape and everything points to a market upturn, but perhaps not before 2013. The upcoming reporting season will give an indication of which companies are poised to take advantage of better times ahead. Topics: Economy, Financial Management, Investment |
 Elio D'Amato, Lincoln Stock Doctor |