ASX climbs on wages, RBA data; Lake top gainer
CSL, Pro Medicus, Cochlear lead health sector rally. AUD at US65c after lower quarterly wages growth. China reveals more economic weakness. NAB spikes on buyback. Seek tumbles.
CSL, Pro Medicus, Cochlear lead health sector rally. AUD at US65c after lower quarterly wages growth. China reveals more economic weakness. NAB spikes on buyback. Seek tumbles.
Australian investors wanting exposure to the ‘magnificent seven’ mega-tech stocks and the US market rally have pumped almost $100m into a Nasdaq exchange-traded fund in one month.
Share market falls to lowest close in just over four weeks. Dell Australia cops $10m fine. Carsales top gainer on dividend lift. Beach tanks on profit fall.
A global art price increase of 30 per cent in just a year puts the asset class on top of Knight Frank’s luxury investment index, followed by watches and jewellery.
Energy and commodities helped boost super fund returns in July, with modest sharemarket returns, but inflationary impacts lie ahead.
Wealth manager AMP is looking for $120m in cost savings and also hitting pause on returning $350m to shareholders following a fall in its bottom-line interim profit.
Original URL: https://www.theaustralian.com.au/author/megan-neil/page/22