‘Biting’: Retail, Banks Drag ASX Down

‘Biting’: Retail, banks drag ASX down

The ASX 200 has taken a hit after JB Hi-Fi results indicated shoppers were shutting their wallets and prioritising saving.

Aussie shares dip as banks and retail stocks drag

Australia's share market has started the week on the back foot as investor concerns about the economic outlook weigh on banks and consumer discretionary stocks.

ASX Today: Australian shares fall as retail and banks drag on index

Australian shares were lower at lunchtime today, with a sell off across retail stocks and banks weighing on the broader market as investors digested a fresh wave of earnings results and signs of a slowing economy. Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more. The S&P/ASX 200 Index was down 23 points, or 0.3 per cent, at 9092.20 by midday, …