Market Close 13 Oct 22: ASX 200 treading water ahead of US inflation update

The Australian sharemarket finished just 0.07% lower on Thursday, as investors remained cautious ahead of tonight’s key US inflation data. Major banks rose strongly for a second day following Bank of Queensland’s stronger margins, Qantas surged by close to 10% after flagging bigger profits and Medibank was in a trading halt as it became the latest victim of a cyberattack.

 

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