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Australian shares little changed, employment data in focus

Published 13/04/2023, 10:37 am
© Reuters
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By Oliver Gray

Investing.com - The S&P/ASX 200 remained little changed at 7,344.5 after the first 45 minutes of Thursday's trade, following sessions of consecutive gain as investors monitored overnight comments from Federal Reserve policymakers flagging a mild recession in the U.S.

ASX 200 Futures were trading flat at 7,357.5.

Among stocks, Consumer Staples and Real Estate companies led declines, with Goodman Group (ASX:GMG) easing 0.2%, Mirvac Group (ASX:MGR) down 0.9%, Stockland Corporation Ltd (ASX:SGP) falling 1.7%, Charter Hall Group (ASX:CHC) down 0.9%, while Woolworths Ltd (ASX:WOW) fell 0.6%, Coles Group Ltd (ASX:COL) lost 1%, Metcash Ltd (ASX:MTS) dipped 1.1% and Endeavour Group Ltd (ASX:EDV) fell 0.4%.

Ahead in the session, market participants will be closely monitoring fresh employment change and unemployment rate data.

On the bond markets, Australia 10-Year rates were at 3.258%.

In New Zealand, the NZX 50 lost 0.3% to 11,888.

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