Monday, June 8, 2026

HomeBreaking NewsConsumer staples, discretionary stocks propel ASX higher

Consumer staples, discretionary stocks propel ASX higher

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Consumer stocks led the ASX higher, including Wesfarmers despite reporting a Kmart and Target sales slump, while a market debutante tanked spectacularly.

The Australian sharemarket climbed higher despite weakness in the all-important resources sector, with consumer stocks leading the charge,…



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