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CommSec Market Update

Market Close 13 Oct 23: ASX snaps 6-day winning streak

13 Oct 2023

Description

The market was spooked this Friday the 13th, closing down by half a percent. The Aussie market still lifted over the week though. Almost all sectors declined, with health care and utilities the only to finish in the green. Data out of China today raised more concerns about the health of its economy and next week, all eyes will be on the latest labour force figures. 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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