The ASX is set to Rise on the First Day of FY23

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The ASX is set to Rise on the First Day of FY23

Australian shares are likely to open marginally higher on the first day of JULY following a milder fall than expected on Wall Street. However, weak underlying prices may exert pressure on domestic commodity shares. With higher retail prices possibly stagnating purchasing from the consumers. The benchmark ASX 200 index is set to open 14 points or 0.2% higher on Friday, as per the latest ASX Futures. Please watch this report to find out more.

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