ASX 200 rises after RBA minutes; St Barbara tanks
Domestic shares closed higher after the release of minutes from the RBA’s last meeting for 2024, which received some support from the IMF overnight. SBM hit with PNG tax bill.
Trading Day
ASX finishes strongly, led by banks
The sharemarket closed 1.7 per cent higher, with gains across the board, led by the heavyweight financial sector. News Corp found strong support after its mega $3.4bn Foxtel deal.
ASX 200 grapples with broad selloff; CBA hits 5-week low
Utilities, energy stocks the only bright spots as index falls to three-month low. CBA tops large-cap declines. Mesoblast down on profit-taking. Japan’s Nippon Sanso to buy Wesfarmers’ Coregas.
ASX suffers $50bn wipeout on worst day in months
The ASX 200 suffered its worst day in three months, as investors dumped tech, bank and mining stocks. The Australian dollar also hit a two-year low after big falls on Wall Street following the Federal Reserve’s weak rates outlook.
ASX 200 dips on seesaw day; ASIC sues Binance
Financial regulator targets crypto giant over alleged customer fails. Insignia rejects Bain bid. Chalmers’ spending plans to challenge RBA fight. ANZ facing more regulatory scrutiny. Aus economy in ‘reasonable shape’: NAB CEO.
ASX 200 lifts; PEXA gains; Data#3 falls
Data#3 down after flagging Microsoft hit. PEXA soars on change of guard. BlueScope, BHP and Rio Tinto pick site for smelting pilot plant. House prices to stall next year: HSBC. Meta settles Aus privacy breach case.
ASX 200 ends down on mining losses; HMC, DigiCo dive
Surprise inclusions in RBA’s new-look monetary policy board; new governance board members named. Data centres-focused DigiCo continues to decline. HSBC sued for alleged scam fails. China slump a blow to Treasurer’s mid-year budget update.
ASX 200 falls; DigiCo’s weak debut; Insignia, Iress top gainers
DigiCo flops on in subdued start to public life. Insignia considering Bain’s $4 per share bid. Iress promises to reinstate dividends. Rio to spend $US2.5bn on new lithium mine in Argentina. Premier’s FY25 start ‘challenging’. China stimulus talk disappoints
ASX 200 ends at three-week low; Nippon Life’s big Aussie merger
ASX 200 hits three-week low before US CPI data. Resolution-MLC merger in Nippon’s $US8.7bn buyout plan. Cement Australia buys BGC arm. ASIC sues Rex directors. Bets up on RBA rate cut in February. 2024’s biggest float DigiCo’s ‘overpriced’.
ASX trims losses after dovish pivot by RBA
Michele Bullock rejects commentary the RBA has misread the weakness in the economy and should have already moved to cut interest rates. ASX fell on tech, banks and property. But miners up on China stimulus hopes. 480 Mosaic jobs to go; Katies to shutter. Business confidence falls. Perpetual hit on ATO ruling on KKR deal.
ASX 200 ends flat; CBA, Goodman up; ANZ, Platinum among big decliners
Ex-HSBC veteran Nuno Matos will be next ANZ CEO. Platinum crashes, Regal down after takeover talks end. CBA, Goodman jump. Star hits record low. Woolworths flags $140m hit from now-ended strikes. Sonic buying German lab group for $699m. GQG rises after canning buyback.
ASX 200’s worst day in a week; Iluka, Magellan lead losses
US jobs data due. ASX has worst day, lowest close in over a week after record highs. Goodman Group, APA Group sell-downs completed. Iluka’s WA refinery costs weigh as government steps up support. Domino’s downgraded. Aristocrat down as gaming CEO joins rival. WiseTech director pockets nearly $200m via share sale.
ASX 200 trims gains; bitcoin above $US100,000
Bitcoin hits much-awaited milestone. Rio Tinto’s buyback, dual-listing pressures mount. HMC rises on $950m energy buyout. Kmart finds new boss. Aristocrat gaming arm names new CEO. Woolworths strike action ‘concerning’: Wesfarmers boss.
ASX 200 down as Goodman weighs; GDP miss helps RBA rate cut pricing
Economy grew 0.3 per cent in the September quarter, below expectations of 0.5 per cent and mostly due to government spending. AUD weaker after GDP data. Pro Medicus up after founders’ $500m selldown, broker upgrade. Goodman dives on Citi repricing. UBS wins NZ$1.3bn of Auckland Airport stake sale.
ASX 200 hits all-time highs; WiseTech founder’s ‘circuit breaker’
WiseTech’s ex-CEO Richard White says stepping down after a personal scandal’s his decision. Shares in KFC operator Collins Foods down after profit fall. Woolworths counting cost of strike actions.
ASX 200 closes at new record; NAB top economist resigns
Flurry of new partners at Barrenjoey. Northern Star down on $5bn buyout bid. Singapore Post locks in $1bn sale to Pacific Equity Partners. Metcash climbs as investors look past underlying profit drop. Retail sales, building approvals rise.
ASX 200 trims falls; ACCC gives nod for Virgin-Qatar deal
Interim nod for the aviation partners to operate 28 weekly return flights between Doha and Aus cities. Meta warns on incoming social media ban. Cbus chair Wayne Swan says no ‘reserve’ being built for fine payments. ANZ forecasts May rate cut.
ASX 200 hits new records as CSL, CBA gain; Star cops first strike
Star investors vote against CEO pay amid liquidity, viability concerns. ACCC sues Webjet. IAG snaps up most of RACQ underwriting for $855m. AVJennings shares rocket on takeover. Activist group ordered to pay Santos $9m.
ASX 200 ends up 0.6pc; CBA, QBE lead large-cap gains; core inflation still high
RBA to stay on sidelines until May amid underlying CPI pressures. Gerry Harvey slams ‘big black hole’ of govt debt. Web Travel soars on buyback, outlook optimism. Novonix dives after discounted raise. AEMO taps emergency powers to keep NSW lights on.
CBA, Woodside falls hit ASX 200; Trump tariffs loom
Banks, resources drive ASX selloff. Trump threatens tariffs against China, Mexico and Canada. Israel-Hezbollah ceasefire seen as imminent. Sharemarket operator ASX down after CHESS guidance. Brickworks sees ‘subdued’ key markets over next 12 months.
Original URL: https://www.theaustralian.com.au/business/trading-day