Business
ASX tumbles 0.7pc as investors reposition for new year – The Australian Financial Review
Australian shares kicked off the new financial year on Thursday with a loss, shedding 47.4 points to 7265.6 as consumer sectors…
Consumer staples stocks also struggled; Metcash declined 4.5 per cent to $3.81, Inghams Group fell 3.3 per cent to $3.85, United Malt Group dipped 2.2 per cent to $4.38 and Bega Cheese finished 2.7 per cent lower at $5.73.
All four major banks also fell;…
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