Business
ASX edges 0.1pc higher as banks salvage falls in technology – The Australian Financial Review
Australian shares limped to a minor gain on Wednesday as uncertainty heading into the end of the year clouds a strong session for the major banks.
The retail sector was in the spotlight after the latest trade figures showed a 1.5 per cent decline in spending in September from August as containment measures in Victoria weighed on activity.
Adding to signs that the boom in retail spending was unwinding, trading updates at annual general meetings also weighed on shares.
Online homewares retailer Temple & Webster reported year-to-date revenue growth of 138 per cent and earnings above the total recorded for all of the year ended June 30.
But as…
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