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ASX 200 down; MinRes surges; Woodside down on oil price falls

MinRes jumps on Onslow nod, flags $300m in cost savings. RBA official warns on 'hot' jobs market. ASX chair exits amid investor pressure. REA's £5.6bn Rightmove bid. Newmont's $US475m sale to Forrest-backed group. Oil price dive weighs on Woodside.

Valerina Changarathil and Joseph Carbone
less than 2 min read
September 11, 2024 - 4:54PM
The Australian Business Network
Oil prices are down after OPEC cut its global demand outlook, creating potential headwinds for local energy giants like Woodside Energy.
Oil prices are down after OPEC cut its global demand outlook, creating potential headwinds for local energy giants like Woodside Energy.

Welcome to the Trading Day blog for Wednesday, September 11. The ASX 200 index 0.3 per cent lower to 7987.90 points led by energy, financial and tech declines following a mixed session on Wall Street.

The Aussie dollar is trading around US66.63c at 4.55pm AEST. 

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Originally published as ASX 200 down; MinRes surges; Woodside down on oil price falls

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Original URL: https://www.dailytelegraph.com.au/business/companies/asx-200-may-waver-as-oil-price-falls-weigh-sp-500-nasdaq-gain/live-coverage/8efe9ec7ff5ebc520c0130394979a265