CommSec Market Update

Market Close 05 Oct 23: Aussie shares lift on easing of inflation worries


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The Aussie sharemarket has lifted for the first time in four days in line with other bourses on an easing of inflation concerns, closing up by half a percent.

8of the 11 sectors were higher today, with energy falling the most after oil prices plunged overnight, having its biggest drop in over a year. Interest rate sensitive stocks did well – tech, consumer discretionary & real estate.

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.

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