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  • Drew Meredith

All Ords (ASX:XAO) sinks on China, rates weakness, Liontown surges again

Both local benchmarks, including the S&P/ASX200 fell 1.2 per cent on Thursday, as pressure continues to build from poor global economic data. A surge in bond yields in the US, on the back of higher oil prices, has hit valuation and growth hopes once again, while further signs of slowing growth in China, hit the…
Drew Meredith | 8th Sep 2023 | More
Market (ASX:XAO) sinks despite GDP data beat, oil rallies on supply cuts

The local share market weakened again on Wednesday, with the All Ordinaries down 0.7 and the S&P/ASX 200 (ASX:XJO) falling 0.8 per cert as seven sectors fell by more than 1 per cent. The rare highlight was the energy sector, which gained 1 per cent on the back of the oil price surging above US$90…
Drew Meredith | 7th Sep 2023 | More