Aust stocks close flat

Local market little changed after Reserve Bank cuts the cash rate to a new record low.

The local market closed flat today after the Reserve Bank of Australia's widely expected decision to cut the cash rate 25 basis points to 2.5% had little effect on afternoon trade.

At 1615 AEST official market close, the S&P/ASX 200 benchmark index edged down 0.11% to 5,105.6 points, while the broader All Ordinaries index inched 0.11% lower to 5,088 points.


SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles