Local market flat ahead of interest rate decision: Afternoon market insights

Myriam Robin / Monday, October 1, 2012

It was a quiet day on the Australian sharemarket today, as Sydney, Adelaide and Perth took the day off, and investors held out for tomorrow’s interest rate decision.

At 2.10pm, the ASX200 slipped 0.04% to 4385.1, while the broader All Ordinaries index gave up 0.05% to 4404.1.

The Australian dollar weakened today, buying $US1.03395.

Myriam Robin

Myriam Robin is a reporter for SmartCompany and its sister site LeadingCompany. She has degrees in economics, international studies and journalism. She likes writing about businesses taking risks and doing new things.