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ASX 200 rallies late; QBE, Beach lead declines; Nvidia tops Microsoft on value

Helia's CBA contract update weighs. Beach hit with downgrades. Brookfield puts Aveo on market. QBE US restructuring dampens sentiment. Guzman y Gomez debuting Thursday.

Quiet but choppy trading is likely to mark the next two sessions of the ASX in line with Wall Street's mid-week trading holiday. Picture: Gaye Gerard
Quiet but choppy trading is likely to mark the next two sessions of the ASX in line with Wall Street's mid-week trading holiday. Picture: Gaye Gerard

Welcome to the Trading Day blog for Wednesday, June 19. The ASX 200 index rallied late, closing flat, down 0.1 per cent to 7769.70 points with the energy sector the strongest. US indexes closed flat with Nvidia surpassing Microsoft's valuation.

The Aussie dollar is trading near US66.70c.

Originally published as ASX 200 rallies late; QBE, Beach lead declines; Nvidia tops Microsoft on value

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Original URL: https://www.adelaidenow.com.au/business/companies/asx-200-likely-choppy-nvidia-tops-microsoft-on-value/live-coverage/2048e34c0054c673a07d2255e8da3d56