Banks, miners drag ASX lower
Australia’s shares slid for the fourth straight day with a fall in banks and miners dragging the index lower on Friday.
Markets
ASX 200 hits two week low as banks retreat; Betr unrelenting in PointsBet pursuit
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.
CBA soars, BHP falls in mixed day on ASX
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.
RBA may opt for patience on July cut; CBA hits record close
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.
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Market flat; takeover offers boost THL, Santos
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ASX slips on geopolitical tensions
A spike in oil and gold producing shares was not enough to lift the ASX200 on Friday as investors fear the fallout from the Iran-Israel crisis.
Oil prices jump, stocks jittery on Israel’s Iran strikes
Crude prices lift as strikes on Iran send commodities higher. Rio’s jointly-owned Tomago smelter in rescue talks. Accent smashed on profit warning. Woodside, Labor extend NW Shelf consultation.
ASX slides on latest Trump move
A spike in crude oil and gold was not enough to lift the ASX 200 as the banks slid during trading on Thursday.
ASX 200 turns lower; Cettire at record low
Cettire hit by US tariffs, lux market woes. Energy producers lift on oil price jump. Westpac tips two RBA rate cuts in 2026. Cochlear downgrade weighs. ASX warns on rising costs, tweaks guidance.
CEO resigns after second Monash IVF bungle
The CEO of embattled fertility firm Monash IVF has stepped down just days after a second embryo bungle was revealed.
ASX extends record breaking run
Cautious investors lifted the ASX to a second consecutive record high on Wednesday, as “productive” trade talks continue.
ASX 200 trims gains after all-time high
ASX ends flat after record high. CBA falls after record high. Qantas down after decision to close Jetstar Asia. Zip, Fletcher Building top gainers. US, China trade negotiators reach ‘framework’ for Geneva agreement. US appeals court extends Trump tariff win.
Aussie shares bounce to record high
Australia’s sharemarket has surged to a record high shortly after the opening bell, as investors grow giddy about a possible trade deal.
6000 jobs at risk as smelter nears collapse
Rio Tinto’s mammoth Tomago aluminium smelter is reportedly close to collapse, putting some 6000 jobs at risk.
Original URL: https://www.goldcoastbulletin.com.au/business/markets/page/2