Rejected suitor Betr details new intended all-scrip bid with buyback carrot for PointsBet. Investors jittery amid Middle East turmoil. Voting on Bally’s ‘unattractive’ Star rescue deal next week.
It was a mixed day on the markets on Thursday with CBA hitting a record high and BHP slumping with investors factoring in weak jobs data and the latest news out of Iran.
Banks offset falls in miners with CBA up to a record high close of $182.85. Surprise 2500 dip in May jobs data. WiseTech’s long-serving directors to exit. KMD hits record low on earnings warning.
A slump in the price of iron ore and gold sent the ASX200 down on Wednesday, despite eight of the 11 sectors trading higher.
Super fund Hesta has put WiseTech on its watchlist over concerns related to chair Richard White. Macquarie’s annual profit has investors on a tear. US has de-escalatory carrot ready for weekend’s China trade talks.
Another big four bank has slashed its mortgage rates ahead of the RBA as competition among the banks heats up.
Cautious investors pushed the Australian sharemarket higher on Thursday on the prospect of a new Trump trade deal with the UK.
Banking giant trims Australia’s GDP growth forecast. Nearly 20 per cent of Woodside investors reject election of climate director. BlueScope warns of an inflation jump from President Trump’s tariffs as he spruiks deal with the UK. Aussie dollar in demand.
One of Australia’s biggest banks has delivered record revenues as its outgoing CEO praises ‘remarkably resilient’ Aussie households.
China has cut interest rates and announced other economic boosters before its first trade talks with the US since US President Donald Trump’s sweeping tariffs in April. Local shares close slightly higher, bitcoin gains and the AUD is near US65c.
The ASX 200 closed marginally lower during Tuesday’s trading as the major banks and healthcare drag the market down.
Trump tariffs in focus for business leaders at Macquarie conference. HMC Capital in talks to re-tenant Healthscope facilities. Regal Partners explains why it abandoned Platinum bid.
Original URL: https://www.couriermail.com.au/business/markets/page/17