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Flat after mixed overseas leads: Afternoon market insights

The Australian sharemarket is largely flat after the government confirmed it was scrapping the carbon price floor this afternoon. The ASX200 rose 0.10% to 4348.0, while the broader All Ordinaries index gained 0.7% to 4376.1. The Australian dollar softened today, buying $US1.03435 – a one-month low.
Myriam Robin
Myriam Robin
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The Australian sharemarket is largely flat after the government confirmed it was scrapping the carbon price floor this afternoon.

The ASX200 rose 0.10% to 4348.0, while the broader All Ordinaries index gained 0.7% to 4376.1.

The Australian dollar softened today, buying $US1.03435 – a one-month low.

About the author

Myriam Robin

Myriam Robin is a reporter for SmartCompany and its sister site LeadingCompany. She has degrees in economics, international studies and journalism. She likes writing about businesses taking risks and doing new things.

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