Market Close 21 Mar 19: ASX 200 recovers from early weakness after employment growth misses expectations

 

The ASX 200 recovered from early losses when the ASX 200 was down as much as 30 points after investors baulked in response to weaker employment growth in the last month. February employment numbers were weaker than expected, although the unemployment rate fell due to fewer people looking for work. A recovery in banks led the turnaround for the market, while Mining and energy stocks were the most improved against the weaker trend.

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