Australia Beats U.S. on Rotation to Value Stocks Buoyed by Banks
- Australian value stocks seen outpacing U.S. on bank weighting
- Financials and resources are attractive: AMP Capital’s Naeimi
Photographer: Lisa Maree Williams/Bloomberg
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The global shift to value from growth is playing out in Australian shares in force and could help the nation’s benchmark stock index close the gap with regional peers, according to analysts.