Business Services Industry
We're out: 2.5 million Australians have deserted the sharemarket.
Australasian Business Intelligence, June, 2009
Byline: Ian McIlwraith
Jun 23, 2009 (The Sydney Morning Herald - ABIX via COMTEX) -- New data from the ASX highlight the economic downturn's impact on stock ownership levels. The figures show that some 12 per cent of Australian investors have opted to sell their share portfolios. Just 41 per cent of people over the age of 18 now own shares, compared with 55 per cent in 2004. However, the ASX claims that many investors who have exited the market plan to reinvest in shares at the right time.
Publication Date: 24 June 2009
ASX LIMITED - ASX ASX
Copyright 2009 LexisNexis Australia. All Rights Reserved.
Premium Content Partnership |
HighBeam Research provides an in-depth online archive library of reference works.
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- LIFO vs. FIFO: a return to the basics
