September 11, 2024

closing bell

Closing Bell 11th September: Lithium stocks bounce after a long string of down days

The Australian sharemarket traded lower this afternoon, with banking and tech stocks leading losses while lithium producers surged. The S&P/ASX 200 was down 24.8 points, or 0.3%, at 7,987.1 by 2:17pm, with seven of 11 sectors in the red. Despite a tech rebound in the U.S., Commonwealth Bank fell 1.9%, and ANZ, NAB, and Westpac dropped similarly.

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