Market Close 07 August 23: Slow start to the week

The stock market started off the week down today with 6 of the 11 sectors finishing lower. Health care fell the most while real estate was the biggest gainer. Estia health saw gains after agreeing to a takeover offer and Lake Resources was the worst performer overall, hitting a 2.5 year low after responding to an ASX query. Ahead, inflation in the US will be in the spotlight at the tail end of the week. While reporting season starts to ramp up locally. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.

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