ASX 200 Update: Banking Shares are Pulling ASX Down

• ASX opened higher today morning up 20.4 points, or 0.4 per cent, to 5407.5. The broader All Ords is 20.3 points, or 0.4 per cent, higher at 5401.1. The dollar also reacted to the poor business conditions and confidence numbers, and it slipped from 93.69 US cents down to 93.44 US cents.

• This is how different sectors started today at ASX:

• Consumer discretionary: +0.5%
• Energy: +1.2%
• Gold miners: +1.3%
• Industrials: +0.7%
• Materials: +0.9%
• Financials: +0.4%

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