ASX finishes higher as retailers advance; Sigma slumps on Boots talks
The Australian sharemarket rose as investors shrugged off US strikes in Iran and a Wall Street tech sell-off, though Sigma shares slumped
2 sources
The Australian sharemarket finished higher today as investors shrugged off the latest escalation in the Middle East and another tech sell-off on Wall Street. Retailers advanced during the trading session, while Sigma slumped following talks with Boots.[1][2]
The market's positive movement occurred despite a new escalation in the Middle East after United States forces struck Iran. This geopolitical tension, along with a tech-led sell-down on Wall Street, failed to deter local investors.[1][2]
