The ASX 200 index ended flat at 0.05 per cent on Friday after dropping more than 1.5 per cent at the open this morning.
Property trusts were the weakest performers. Tech companies and health care also dropped.The market slumped to its lowest level since early July, finishing the week down 2.89 per cent.
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ASX 200 finished the day down on WednesdaySky News Business Reporter Edward Boyd says the ASX 200 finished the day down 0.46 per cent on Wednesday. The local market opened lower this morning – pushed down by energy companies, miners, and tech stocks. Retailers were the bright spot on the market but were only up about 0.3 per cent. Buy now pay later company Sezzle shot the lights out today – jumping up 20.79 per cent after reporting a rise in income during August. Losing value today included the machine learning and artificial intelligence company Appen, which has been on a decline over the last few weeks, medicine maker Mesoblast, and the gold miner St Barbara.
Source: SkyNewsAust - 🏆 7. / 78 Read more »
ASX 200 finished the day down on ThursdaySky News Business Reporter Edward Boyd says the ASX 200 finished the day down 1.37 per cent on Thursday. The market dropped sharply this morning with all sectors in the red. Energy stocks, banks and health care companies were the worst of the bunch. Gold miner St Barbara did well today along with mining company South 32 and machine learning stock Appen lifting. Toll road operator Transurban fell after the ACCC blocked it from buying the East Link toll road in Melbourne.
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Fed stays on hold, sends rates warning; ASX set to riseUS stocks are mixed after the Federal Reserve said it may not cut interest rates next year by as much as it earlier thought, regardless of how much Wall Street wants it.
Source: brisbanetimes - 🏆 13. / 67 Read more »