Australia's S&P/ASX 200 Closed Today's Session 0.02% Higher At 7,325.00
Portfolio Pulse from Benzinga Newsdesk
Australia's S&P/ASX 200 index closed 0.02% higher at 7,325.00, with the financial sector performing the best and healthcare the worst. The country reported strong employment data, with June's employment change at 32.6K, better than the expected 15.0K, and the unemployment rate at 3.5%, lower than the expected 3.6%. The AUD/USD was up 0.69% to 0.6821.
July 20, 2023 | 6:58 am
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POSITIVE IMPACT
The strong performance of Australia's S&P/ASX 200 and the country's positive employment data could potentially impact the iShares MSCI Australia ETF (EWA), which tracks the performance of the Australian market.
The iShares MSCI Australia ETF (EWA) tracks the performance of the Australian market. Therefore, any significant changes in the Australian economy, such as the strong performance of the S&P/ASX 200 and the positive employment data, could potentially impact the ETF.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80