Tag: Financial Stocks
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ASX Declines as Banks Weigh Down; Gold Miners Surge
ASX Overview The Australian sharemarket began the week on a downward note, with the S&P/ASX 200 index showing a decrease of 14.9 points or 0.2 percent, settling at 8815.5 points. This decline was primarily driven by drops in financial and health sectors, raising concerns among investors about the broader economic implications. Impact of Banks on…