Trade Talk

BOURSE ELECTION COURSESHARES are likely to remain under pressure until the federal election, with polls traditionally depressing equity markets. A report by ABN Amro Morgans chief economist Michael Knox found that federal elections introduce uncertainty into stockmarket returns with investors and institutions historically tending to withdraw funds prior to the election. A survey by Mr Knox of the nine federal elections since 1977 showed the share market fell by about 3.1% in the two months prior to the elec