Business
Directionless Australian sharemarket dragged lower by retail, travel but Fortescue surges – NEWS.com.au
Directionless Australian sharemarket dragged lower by retail, travel but Fortescue surges
The Australian sharemarket dipped after battling to find inspiration, with retailers and travel stock among the laggards.The S&P/ASX200 closed 0.21 per cent lower at 7045.6 on Monday while the All Ordinaries Index slid 0.18 per cent to 7307.8.
CommSec analyst James Tao said the local bourse made a flat start to the trading week as it struggled for direction despite a pretty strong lead from Wall Street.
The resources sector was a good performer, with gains from iron ore miner Fortescue aid high…
-
Business24 hours agoWhy these are 2 of the most exciting ASX 300 shares to buy right now
-
Noosa News22 hours agoInside the illegal tobacco trade —secret rooms, fire bombings and bags full of cash
-
Business22 hours agoHow to build a balanced ASX portfolio for the next decade
-
Business20 hours agoThese ASX 200 shares could rise 15% to 20%