ASX ends up 0.5pc; Google owner's results disappoint; Brookfield enters Insignia fray; former Star CFO banned
ASX 200 gains 0.5 per cent, led by resources, tech, property, industrials and communications. Macquarie weighs on financial sector. Google owner Alphabet's earnings disappoint. Brookfield lobs new offer to takeover target Insignia. Amcor lifts on reaffirmed guidance, estimates win. Former Star CFO cops ban.
That's all from the Trading Day blog for Wednesday, February 5. The ASX 200 sustained most of its early rise even as S&P 500 futures fell 0.5 per cent as Alphabet dived and Asian markets traded limply after Lunar New Year holidays.
The ASX 200 closed up 0.5 per cent at 8416.9 points after an early rise to 8441.2
Cryptocurrency market leader bitcoin is trading above $US98,000.
The Aussie dollar is trading around US62.53c.
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Originally published as ASX ends up 0.5pc; Google owner's results disappoint; Brookfield enters Insignia fray; former Star CFO banned
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