The Match Out: ASX stalls as investors await Reporting Season
The ASX 200 plateaued today, failing to push to new highs despite a solid session overnight in the US, though there was no clear push in either direction after recent strength.
Materials were once again weighing on local equities today, resigning the index to a fourth consecutive decline. An honourable fightback late in the day did see the ASX200 finish 20pts above the day’s low, and winners and losers were almost split evenly from a sector and stock point of view. The ASX200 finished down -122pts/-1.67% for the week with Energy the only sector to finish higher.
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