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GDP disappointment spurs local fall: Afternoon market insights

The Australian sharemarket fell today after ABS figures showed GDP missed expectations for the June quarter. At 2.20pm, the ASX200 lost 0.71% to 4272.8, while the broader All Ordinaries index gave up 0.78% to 4291.8. The Australian dollar fell again today, buying $US102155.
Myriam Robin
Myriam Robin
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The Australian sharemarket fell today after ABS figures showed GDP missed expectations for the June quarter.

At 2.20pm, the ASX200 lost 0.71% to 4272.8, while the broader All Ordinaries index gave up 0.78% to 4291.8.

The Australian dollar fell again today, buying $US102155.

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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