Real estate and bank stocks take a hit following cash rate announcement

  • 📰 SkyNewsAust
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 78%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Real estate and bank stocks took a hit on the ASX after the RBA announced the cash rate would rise to 3.35 per cent.

Real estate and bank stocks took a hit on the ASX after the RBA announced the cash rate would rise to 3.35 per cent. “They are the interest rate sensitive sectors on the market, so they did close weaker, dragging the rest of the market down,” Sky News Business Reporter Ingrid Willinge said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

AI crypto coins are up 600+% ☺

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines