UBS’s Cassidy Sees Australia’s Stock Index Climbing to 5,300 - Bloomberg

UBS’s Cassidy Sees Australia’s Stock Index Climbing to 5,300 - Bloomberg
Sept. 21 (Bloomberg) -- Australia’s benchmark stock index may rise to 5,300 by the end of the year as corporate profits recover and investors re-enter the market, said David Cassidy , an equity strategist at UBS AG. That level is 13 percent above