ASX ends flat as bullish enthusiasm fades

October 21, 2021 - 1 month ago
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The Australian share market ended the session flat on Thursday as gains from Real Estate and Technology stocks were offset by weakness from Energy and Consumer Staples sectors.

Transurban says there are signs motorists will quickly return to toll roads in Sydney and Melbourne after coronavirus rules stymied first-quarter traffic.

In the first week of eased restrictions this month, the company’s Sydney toll roads had their most traffic since late June.

At the closing bell, the benchmark S&P/ASX 200 index eked out a +1.7 points, or +0.02% gain to 7,415.4, while the All Ordinaries added +1.3 points, or +0.02%, to 7,728.5, while our local currency, the Australian dollar, is currently buying US$0.7490.

In banking, ANZ lost half a per cent, and the Commonwealth was little changed while NAB and Westpac gained less than one per cent.

On Friday, the RBA governor, Dr Philip Lowe, is scheduled to participate in a panel discussion about central bank independence, mandates, and policies at an online event hosted by the University of Chile.

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