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ASX trades down despite positive jobs figures; New Zealand headed for recession

Sumary of ASX trades down despite positive jobs figures; New Zealand headed for recession:

  • The latest ABS jobs figures showed Australia’s unemployment rate fell to 5.8 per cent in February, down from 6.3 per cent…
  • That was far beyond CBA analyst predictions this morning that the unemployment rate would just fall marginally to 6.2 per cent…
  • NZ stock drags down market The biggest drag on the ASX 200 on Thursday was a New Zealand company listed on the Australian share market that supplies digital and telecommunications there….

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