NewsBite

ASX 200 lifts; Bapcor dives; Woolies sales disappoint; US probe hits Block; buyback lifts NAB; Pexa jumps

Major banks gain after NAB results, buyback. Pexa jumps on NatWest deal. Investors dump Bapcor after profit warning. Woolworths sales disappoint, boss says Coles 'out-traded us'. US investigation hits Block. 

Investors are awaiting blue-chip stock results after Wednesday’s sell-off. Picture: Gaye Gerard
Investors are awaiting blue-chip stock results after Wednesday’s sell-off. Picture: Gaye Gerard

Welcome to the Trading Day blog for Thursday, May 12. The ASX 200 closed 0.2 per cent higher at 7587.00 points. Wall Street ended mixed after the Fed kept rates steady and chair Jerome Powell said a hike is unlikely.

The Aussie dollar is trading around US65.38c.

Originally published as ASX 200 lifts; Bapcor dives; Woolies sales disappoint; US probe hits Block; buyback lifts NAB; Pexa jumps

Add your comment to this story

To join the conversation, please Don't have an account? Register

Join the conversation, you are commenting as Logout

Original URL: https://www.ntnews.com.au/business/asx-expected-to-rise-nab-and-woolies-results-due/live-coverage/52eb65edcdb5ada506df3eabab36344b