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Australian sharemarket closes flat awaiting major macroeconomic news, Zip leads buy now, pay later charge – NEWS.com.au
Australian sharemarket closes flat awaiting major macroeconomic news, Zip leads buy now, pay later charge
The Australian sharemarket was in a holding pattern awaiting major macroeconomic news later this week, but the buy now, pay later sector was red hot.The S&P/ASX200 finished down just 2.9 points at 6976.9, while the All Ordinaries Index lifted a mere 5.8 points to 7231.
CommSec analyst Steve Daghlian said the local bourse got off to a strong start but later faded, mirroring US and European markets overnight that “largely ran on the spot”.
“One of the reasons is basically we’ve got a busy tail end…
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