Australian shares experienced their worst November in over a decade, with the S&P/ASX 200 index falling 3%. Heavyweight banks declined due to lofty valuations and margin pressures, while strong inflation and employment data diminished hopes for near-term rate cuts. Resources stocks, however, continued their upward trend.
Australian shares log decade's worst November as expensive banks slide
📅 Published: November 28, 2025 |
📂 Category: Uncategorized