Tag: Australian economy


  • ASX Trades Lower as Banks Decline; Gold Miners Surge

    ASX Trades Lower as Banks Decline; Gold Miners Surge

    ASX Market Overview The Australian Securities Exchange (ASX) is experiencing a downturn in early trading, with the S&P/ASX 200 index dropping 14.9 points, or 0.2%, to settle at 8815.5 as of 11:04 AM AEST. This decline can largely be attributed to a notable downturn in the banking and financial sectors, which have weighed heavily on…