Aust stocks unmoved by shrinking China growth

Local market closes unchanged as investors sit on their hands after China's GDP slows in line with consensus.

Investors sat on their hands in a lacklustre session that saw the Australian stock market close flat with China's GDP slowing in the second quarter, validating concerns about waning growth in the world's second-biggest economy. 

At the 1615 AEST official market close, the benchmark S&P/ASX200 index edged 0.14% higher to 4,981.1 points, while the broader All Ordinaries index inched 0.16% higher, to 4,965.6 points.

{{content.question}}

{{ twilioFailed ? 'SMS Code Failed to Send…' : '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

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

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
Mastercard

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device


Register as a new member

(using a different email)

Related Articles