ASX 200 rises amid RBA wait; profit fall for Westpac; Qantas fine; focus on Goodman, GrainCorp
Australia's sharemarket rose for a third day running, tracking the US market to its highest daily close in almost two weeks, after cooling non-farm payrolls data gave hope of a soft economic landing with interest rate cuts.
That's all for the Trading Day blog for Monday, May 6. The ASX 200 index closed up 0.7 per cent at two-week high of 7682.4 points driven by the property, financials and materials sectors.
The Aussie dollar is trading near US66.17c ahead of the Reserve Bank of Australia's next rate decision on Tuesday.
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Originally published as ASX 200 rises amid RBA wait; profit fall for Westpac; Qantas fine; focus on Goodman, GrainCorp
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