Business
Flight Centre sinks, big four banks lower, Ramelius jumps
At lunch on Thursday the S&P/ASX 200 Index (ASX: XJO) is on course to end the year on a disappointing note. The benchmark index is currently down 0.6% to 6,643.5 points.
Here’s what has been happening on the market today:
Travel shares under pressure.
The travel sector is under pressure on Thursday and the likes of Flight Centre Travel Group Ltd (ASX: FLT) and Webjet Limited (ASX: WEB) are recording notable declines. This appears to have been driven by news of more COVID-19 cases in New South Wales and three cases in Victoria. This has sparked concerns that the domestic travel market’s recovery could take longer than expected.
Bank shares drop lower again.
The big four banks look set to end the year in a subdued manner. At…
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