The ASX200 closed up less than a tenth of a percent 0.09% at 8,205 points in a flat days trade. All in all, investors continue to assess broad risks associated with escalating tensions in the Middle East.
Continuing optimism that the world economy is heading for a soft landing helped to push the Australian share market to a fresh record high to close the
The ASX200 has been trading up around 0.4% at 8,076 points. Australian retail data was flat for July, maintaining a higher level of retail turnover. This was on the back of half a percent rises in both May and June.
Futures point to a lower opening for Australian shares this morning, driven by troubling US services data that may indicate the necessity of another interest rate hike to curb inflation.