Market Close 1 Mar 23: Choppy start to March

The Australian sharemarket had a choppy start to the month, with the ASX 200 recovering from this morning’s low to finish just 0.09% lower. Data highlighting a faster than expected drop in the January inflation rate helped support retail and tech stocks. Mining and energy companies rose most however, thanks to signs China’s economy is recovering at a stronger than anticipated pace from Covid-19 lockdowns.

 

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