Steady as she goes
THE Australian market recovered from early falls yesterday to start the week with small gains, raising hopes that the recent sell-off might have ended. Before last week, the ASX200 had fallen more than 7 per cent since the start of May.
Wealth Within chief analyst Dale Gillham said while yesterday’s gains of 0.2 per cent were very small, with the Greek debt saga weighing on investors, he was bullish about the Australian market.
“We’ve still got a (ASX200) target for the next few months of 6200,” he said. PAGE 47: MORE REPORTS