Real estate and bank stocks took a hit on the ASX after the RBA announced the cash rate would rise to 3.35 per cent.
Real estate and bank stocks took a hit on the ASX after the RBA announced the cash rate would rise to 3.35 per cent. “They are the interest rate sensitive sectors on the market, so they did close weaker, dragging the rest of the market down,” Sky News Business Reporter Ingrid Willinge said.
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