ASX Edges Higher as Wall Street Climbs; Corporate Travel Plummets The Australian Securities Exchange (ASX) has edged higher in morning trade, mirroring gains on Wall Street overnight.
The benchmark S&P/ASX 200 index rose 0. 4% to 7,533 points, while the broader All Ordinaries Index gained 0. 3%.
In contrast, corporate travel companies have taken a hit, with shares plummeting as investors become increasingly cautious about business expenses in the face of rising inflation and interest rates.