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ASX rises; Qantas swings to $1.7bn profit; Medibank profit jumps; Ramsay tumbles

NAB CEO Ross McEwan warns of ongoing inflation 'hurt'. Woodside eyes $1bn windfall. Telix, Qantas gain. Ramsay dividend cut sparks sell-off.

The earnings season rollercoaster ride continues for investors. Picture: Gaye Gerard
The earnings season rollercoaster ride continues for investors. Picture: Gaye Gerard

Welcome to the Trading Day blog for Thursday, August 24. The ASX 200 index ends up 0.5 per cent at 7182.10 points, a six-day high close, as the tech sector gains and strong results from Nvidia boost US futures.

The Aussie dollar is near US64.79c.

Originally published as ASX rises; Qantas swings to $1.7bn profit; Medibank profit jumps; Ramsay tumbles

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Original URL: https://www.ntnews.com.au/business/asx-to-rise-amid-earnings-juggernaut-nvidia-soars/live-coverage/7dd5802feaed200639c7495834731f7b