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CommSec
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[PODCAST] Morning Report: US #sharemarkets were firmer on Friday. Listen Now:
Aussie shares are trading flat with the #ASX200 -1.2pts or just 0.02% lower to 7492. IT is the best performing sector currently while the materials sector is weighing
After roughly 3 hours of trade, the #ASX200 is flat (7491pts). Tech stocks are standing out, lifting ~2%. $RMD, $FMG, insurance stocks, $WES & supermarket chains are holding the market back most.
[REPORT] Evening: The Australian sharemarket has had a messy start to the week, with the #ASX200 closing 12.1pts or 0.16 per cent lower to 7481.7
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Take a look at the factors which impacted the Australian sharemarket over the 2016/17 financial year
The Reserve Bank (RBA) has raised the cash rate by 25bps to 0.35%
The RBA raised the official cash rate by 0.5% at its June meeting. This is the biggest lift in 22 years and the first back-to-back increase since 2010.
State of the States: Victoria is Australia’s best performing economy for the first time since April 2020. Find out how the other states & territories are faring
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