The ASX ‘took quite a knock’ at end of 2022

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CommSec’s Tom Piotrowski says the thing that stands out when it comes to the local share market is the contrast between how it’s started the year and how it finished last year.

“The market took quite a knock locally in the last several weeks of the old year and that was the case more broadly where stocks were concerned,” Mr Piotrowski told Sky News Australia.

“But last week up by about a per cent, we’re going to be up by a per cent according to the futures when we get started this morning.”

 

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Does that mean superannuation funds of the citizens also took a drastic loss?

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