A tech slide dragged the ASX indices lower on Wednesday, ahead of the US inflation data coming in overnight.
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished up +0.20% to 7206.90.
Liontown Resources Ltd (ASX:LTR) shares were in focus today on news that Gina Rinehart’s Hancock Prospecting had bought a substantial stake.
Both benchmarks weakened into the close, as both the S&P/ASX200 (INDEXASX: XJO) and All Ordinaries (INDEXASX: XAO) fell 0.2% on Friday.
Both local benchmarks, including the S&P/ASX200 (INDEXASX: XJO) fell 1.2% on Thursday, as pressure continues to build from poor global economic data.
The local sharemarket started the week strongly, with the All Ordinaries (INDEXASX: XAO) managing a 0.5% gain, and the S&P/ASX200 (INDEXASX: XJO) up 0.6%.
The Liontown Resources Ltd (ASX:LTR) share price has jumped 10% after the ASX lithium share received a bigger offer from Albemarle.
The Liontown Resources Ltd (ASX: LTR) share price has risen 13% last week. What’s going on?
The Australian share market or S&P/ASX 200 (INDEXASX: XJO) is expected to open higher on Tuesday, according to SPI 200 futures contracts in Sydney.
