Rea ASX: REA Group Shares Down on Rightmove Bid News
Rea ASX: Market Overview
The ASX is currently trading just five points shy of its record closing high, bolstered by banking stocks during Monday’s session. The S&P/ASX 200 index stands at 8109 points, reflecting a 0.2 percent increase. Major players like Commonwealth Bank, National Australia Bank, ANZ, and Westpac are all witnessing gains exceeding 1 percent. Additionally, energy stocks such as Woodside and Santos are providing support to the overall index.
REA Group’s Market Performance
In light of the recent news, REA Group shares have experienced a significant decline, causing concern among investors.
- Current ASX Index: 8109 points
- Banking stocks' influence
- Energy stocks supporting growth
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.