Market Close 20 June 23: Shares lift on interest rate hopes

Laura is joined by CommSec Chief Economist Craig James to give you update you on Tuesday’s market performance. The market closed up for a 7th straight session, gaining over 3% over the last five days. 10 of the 11 sectors finished in the green today, with the healthcare sector being the only to decline. Shares slightly declined for media group ARN after they bought a 14.8% stake in rival Southern Cross Media, who as a result were the top performer on the All Ords today. Lake resources were the worst performer for the 2nd straight day after their worst day in 2 years. 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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