WiseTech Global Shares Reach Three-Year Low Amid Expectations of Higher-For-Longer Interest Rates

MT Newswires Live

03/19

WiseTech Global's (ASX:WTC) shares fell 5% in recent trading on Thursday and earlier hit a three-year low, as markets brace for interest rates to remain higher for longer amid the ongoing Middle East conflict.

Shares of Xero (ASX:XRO) fell 3%, while those of Goodman Group (ASX:GMG) were down 4%, earlier reaching a two-year low.

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