Market Close 19 Oct 23: Unemployment drops, rate hikes ahead?

 

The Australian sharemarket has followed the negative lead from the US and Europe and finishing below 7000 on Thursday. Declines were consistent across the 11 sectors. Qantas was down after ending their proposed takeover of a smaller rival airline and jobs data fell short of expectations. 

The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.

CommSec Market Update

Stay across key moves in the Australian and global share markets with the CommSec Market Update. Bro… 

Social links

Follow podcast