RBA rates hike slows ASX sharemarket

6.9.22 Following the Reserve Bank of Australia’s (RBA) unprecedented decision to raise rates for a fifth straight month, the Australian sharemarket edged lower despite starting trade in positive territory, notes CommSec. The ASX 200 fell by 25.7 points or 0.38 per cent, to 6826.5. The Tech sector rose the most (+0.67 per cent) and was […]