👀 Copy Legendary Investors' Portfolios in One ClickCopy For Free

Australian Shares Resume Declines as Real Estate Leads Losses

Published 13/10/2022, 04:39 pm
© Reuters
CSL
-
CBA
-
ANZ
-
GMG
-
MGR
-
CHC
-
NAB
-
SGP
-
SHL
-
STO
-
WBC
-
WDS
-
FPH
-
AXEJ
-
AXHJ
-
AXFJ
-
AXPJ
-
MPL
-
PME
-
VEA
-

By Oliver Gray 

Investing.com - The S&P/ASX 200 fell just 4.9 points or 0.1% to 6,642.6 during Thursday’s trade, following a flat close in the previous session as market participants remained cautious ahead of tonight’s highly anticipated U.S. CPI release.

Real estate led the decline, falling 1.9% as Mirvac Group (ASX:MGR) fell 2.9%, Charter Hall Group (ASX:CHC) lost 2.6%, Goodman Group (ASX:GMG) dipped 1.4% and Stockland Corporation Ltd (ASX:SGP) lost 1.2%.

Health Care lost 1% overall after as Medibank Private Ltd (ASX:MPL) was placed in a trading halt after a reported cyberattack. CSL Ltd (ASX:CSL) fell 1.2%, Sonic Healthcare Ltd (ASX:SHL) lost 1%, Fisher & Paykel Healthcare Ltd (ASX:FPH) dipped 0.1% and Pro Medicus Ltd (ASX:PME) retreated 2.1%.

Energy retreated 0.9% with Woodside Energy Ltd (ASX:WDS) down 1.4%, Santos Ltd (ASX:STO) falling 0.8% and Viva Energy Group Ltd (ASX:VEA) down 0.7%.

Financials stemmed the losses, lifting 1.4% overall as Australia and New Zealand Banking Group Ltd (ASX:ANZ) added 2.1%, Commonwealth Bank Of Australia (ASX:CBA) gained 1.9%, National Australia Bank Ltd (ASX:NAB) lifted 2.4% and Westpac Banking Corp (ASX:WBC) added 3%.

On the bond markets, Australia 10-Year yields were at 4.009% while United States 10-Year rates were at 3.921%.

In New Zealand, the NZX 50 lost 0.5% to 10,817.5.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.