Sharemarket Update

Date: 01/04/2011

The recent natural disasters and the political instability in the Middle East are adding to investor uncertainty, but the recent reporting season suggests the Australian economy's still in good shape.

Stock markets have been beset with uncertainty again following the recent natural disasters in New Zealand and Japan and the political upheavals in the Middle East. But Elio D'Amato, CEO of Lincoln Stock Doctor, says the recent reporting season shows that many Australian companies are still performing well, though it's a two-speed economy, with mining and engineering services firms outstripping manufacturing and the industrial sector. Lincoln's Star Stocks have grown in number, and Elio says there are great buying opportunities available. It's a good time to sell off the under-performers in your portfolio and take advantage of the possibilities.