Market Close 01 August 23: Market celebrates another pause in rate hikes

01/08/2023 12 min
Market Close 01 August 23: Market celebrates another pause in rate hikes

Listen "Market Close 01 August 23: Market celebrates another pause in rate hikes"

Episode Synopsis

August is off to a great start with the market ending higher and interest rates on hold for a second meeting. All 11 sectors finished in the green with tech coming out on top. Bedding company Adairs was up after a logistical update and telco TPG was up after receiving a takeover offer. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.

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