End of Day Report – Wednesday 28 August: ASX 200 recovers a 62 point drop to finish flat

Market Updates

Aug 28 2024 • 5 mins

The ASX200 has finished the day flat as the market recovered 62 points from a midday dip. The monthly inflation number initially spooked our market with a reading of 3.5% vs 3.4% expected. Down from 3.8% in June. It was a mixed session, with 5 of the major sectors finishing in the green while 5 finished in the red (healthcare flat).

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