Opinion
Why it’s time for ETF investors to stop tracking the ASX 200
Fundamentals still count. Shares can rise and fall quickly on a piece of news, and it’s not passive funds that are driving that price action.
Arian NeironContributorAustralia’s S&P/ASX 200 hit 8000 points recently, despite anxiousness around the direction of the economy and fears that the next interest rate move will be up, not down.
Amid the rally, the most talked about stock has been Commonwealth Bank. As the sharemarket was breaking the 8000 barrier, CBA was overtaking BHP to be the country’s largest listed company.
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