ASX Market Close: RBA rate cut hype absent; bank stocks' crown teetering
1 Articles
1 Articles
ASX Market Close: RBA rate cut hype absent; bank stocks' crown teetering
Good afternoon. I’m Jonathon Davidson with HotCopper’s Market Close for Thursday 20th of Feb. It was another fairly forgettable day for the ASX. The 200 index ended down over -1%, meaning that we’re back down into the 8,300s. It feels like only a few days ago the ASX notched new record highs in the 8,500pts+ territory. Thank risk-off sentiment for Australian banks after Bendigo and NAB posted lacklustre results, Donald Trump’s endless nattering,…
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