ASX 200 trims gains as banks lose steam; miners drop; RBNZ cuts rates by 50bp
Commodity price falls, China disappointment weigh on Aussie producers. China's sharemarket dives at open. NZ's central bank cuts rate by 50 basis points, as expected. Shares in Cettire, Zip jump.
Welcome to the Trading Day blog for Wednesday, October 9. The ASX 200 index is up 0.2 per cent to 8189.70 points at 1.10pm AEDT with eight of the 11 sectors in the green. Miners, energy producers and property stocks are in the red.
The Aussie dollar is trading around US67.43c.
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