Volatile session on ASX

Feb 7, 2023 | Daily Market Report Australia

7.2.23 The Australian sharemarket had a volatile trading session ahead of the Reserve Bank’s first interest rate decision of the year at 2:30pm AEDT. Following the announcement of a 25 basis point rate hike, the S&P/ASX 200 index quickly shed around 50 points from its intraday high, closing at 7504.1 points, down 0.46 per cent, […]

 


 

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