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CommSec Market Update

Market Close 16 August 23: Biggest fall in 6 weeks

16 Aug 2023

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The market took a huge hit today, closing lower by 1.5%. Unsurprisingly almost all sectors finished lower with real estate being the only one closing in the green. Tech had the biggest losses today, closing down 3%. Endeavour group who own Dan Murphys and BWS were among the bottom performers and Mirvac group were one of the best. 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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