Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top

Our market gave back about half of the previous sessions gai...

Our market gave back about half of the previous sessions gains as inflation came in higher than expected.
Consumer discretionary stocks closed mostly lower on fears higher interest rates in the future could translate to weaker retail sales.
Harvey Norman $Harvey Norman Holdings Ltd (HVN.AU)$ fell 8.3%, JB Hi Fi $JB Hi Fi Ltd (JBH.AU)$ dropped 2.63% while SuperCheap ( $Super Retail Group Ltd (SUL.AU)$ ) finished up 3.13% thanks to UBS upgrading the stock to a BUY. $S&P/ASX 200 (.XJO.AU)$
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
1
+0
Translate
Report
18K Views
Comment
Sign in to post a comment