Leading Index shows economic growth well below trend: ASX closes 1.3% higher
16 Oct 2019 - It has been a positive day of trade for the ASX, closing 1.3% higher. Silverlake (ASX:SLR) and Nearmap (ASX:NEA) shot up today. Shares in the Afterpay Touch Group (ASX:APT) slumped today. Westpac–MI Leading Index is showing economic growth rate is now well below trend after slipping further in September to its lowest level in four years. Sienna Cancer Diagnostics (ASX:SDX) CEO Matthew Hoskin will be stepping down.