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ASX 200 rises before RBA decision; CBA hits intraday high; Fortescue, Beach down

RBA leaves rates on hold. Eagers Automotive director ends hiatus. City Chic halts as Blundy interest grows. Beach targets more cuts. CBA hits intraday high after Regal's short reveal. Fortescue block trade weighs.

Multiple central bank Interest rate decisions and economic commentary are in focus this week. Picture: Nikki Short
Multiple central bank Interest rate decisions and economic commentary are in focus this week. Picture: Nikki Short

Welcome to the Trading Day blog for Tuesday, June 18. The ASX 200 index closed 1 per cent higher at 7778.10 points, with all sectors in the green. The RBA announced it would hold interest rates steady.

The Aussie dollar is trading around US66.22c at 4.15pm AEST after the RBA's decision.

Originally published as ASX 200 rises before RBA decision; CBA hits intraday high; Fortescue, Beach down

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Original URL: https://www.goldcoastbulletin.com.au/business/companies/asx-200-to-rise-before-rba-decision-apple-tesla-gain-gamestop-tumbles/live-coverage/d1d193b5eb971da22ad1d59902f5e0de