Rejected suitor Betr details new intended all-scrip bid with buyback carrot for PointsBet. Investors jittery amid Middle East turmoil. Voting on Bally’s ‘unattractive’ Star rescue deal next week.
Banks offset falls in miners with CBA up to a record high close of $182.85. Surprise 2500 dip in May jobs data. WiseTech’s long-serving directors to exit. KMD hits record low on earnings warning.
First comments by Santos’ $30bn bidder come as target’s shareholder backs takeover. Oil lifts as Trump weighs Middle East action. MinRes leads iron ore falls.
Chalmers won’t preempt FIRB advice on Abu Dhabi’s near-$30bn takeover play for Santos. US forces deployed to region amid Israel, Iran attacks. Blow for Albanese as Trump plans hasty G7 exit.
Bourse operator faces ASIC inquiry over ‘repeated, serious failures’. Israeli strike success boosts Wall Street futures: IG. National interest of Santos deal up to Chalmers: Coalition.
Crude prices lift as strikes on Iran send commodities higher. Rio’s jointly-owned Tomago smelter in rescue talks. Accent smashed on profit warning. Woodside, Labor extend NW Shelf consultation.
Cettire hit by US tariffs, lux market woes. Energy producers lift on oil price jump. Westpac tips two RBA rate cuts in 2026. Cochlear downgrade weighs. ASX warns on rising costs, tweaks guidance.
ASX ends flat after record high. CBA falls after record high. Qantas down after decision to close Jetstar Asia. Zip, Fletcher Building top gainers. US, China trade negotiators reach ‘framework’ for Geneva agreement. US appeals court extends Trump tariff win.
Investors push ASX to record amid US and China trade talk hopes. CBA continues to find strong support. ASIC secures four guilty pleas in Telegram ‘pump and dump’ action. Monash IVF shares tank after second embryo mix up.
Local investors wait and watch ahead of long weekend break. Wall Street awaits jobs data as Elon Musk, US President Donald Trump torch friendship.
CBA eases after $182 intraday record. Austrac versus Star in court. Tyro sinks as search for new CEO starts. IDP Education rout continues. Lynas soars on broker upgrade.
CBA hits high of $181.39. Slow economic growth undershoots forecasts. Mixi lifts PointsBet bid amid due diligence by rival suitor Betr. Star accused of breach of money laundering laws.
RBA well placed to ‘respond decisively’ to international developments. Fair Work Commission grants above-inflation 3.5pc wage rise. NAB cuts economic forecasts. IDP Education dives 46 per cent.
House prices and auction clearances rose in May. 25 years late, but corporate raider happy with Washington H Soul Pattinson move on Brickworks. Billionaire’s $1bn-plus gaming bid.
HealthCo’s record jump after HMC Capital defers Healthscope rents. Big payouts for AZEK executives in controversial James Hardie buyout. Sigma’s best days ‘behind it’. Trump team plots Plan B on tariffs.
The White House has appealed the US Court of International Trade’s rejection of US President Donald Trump’s ‘unbounded authority’ in imposing his Liberation Day tariffs. Australia is reviewing the decision.
Environment Minister Watt approves Woodside’s four-decade extension of WA project. Economists tip two more RBA rate cuts after April inflation print. MinRes downgrade weighs.
Market closes at three-month high. Murray Watt makes ‘right sounds’ before decision on Woodside’s $30bn NW Shelf expansion. AMP sued for alleged excessive fees.
Investors back WiseTech’s $3bn e2open deal. No taxpayer bailout for Healthscope: Butler. Deep Yellow, Paladin, Boss top gainers on US president’s nuclear focus. AUD at six-month high as US dollar falls. Miss on earnings weighs on Elders.
The ASX 200 index closes up 0.2 per cent at 8360.9 points after rising to 8380.6. Myer shares rise after sales dip. Judge lashes ACCC’s ‘appalling’ moves in supermarkets hearing. Bitcoin hits new high.
Shares extend falls after Wall Street’s heavy losses. Wesfarmers well-placed to navigate uncertain economy: CEO. ACCC approves IAG’s RACQ acquisition. Bitcoin hits new high.
Investors boost bourse after RBA’s second rate cut this year. CBA powers to new record. Environment Minister Murray Watt says Woodside extension call coming by end of month. Nufarm tanks. Westpac job cuts may boost profits by $725m.
‘Strong case’ for more cuts after Reserve Bank governor Bullock hands down ‘confident cut’. Shares gain as investors pile into CBA. Rio strikes $1.39bn lithium deal. TechnologyOne rallies on profit upgrade.
CBA shares continue to find support. Peter Stevens Motorcycles enters administration, around 400 jobs at risk. Government to hand down North West Shelf decision by month’s end.
CBA hits intraday record of $172.92, surges past best ‘fair price’ estimates. What to expect from the RBA next week. Trump’s week of Arab bromance. David Dicker steps down from Dicker Data.
The sharemarket has closed higher for a seventh day in a row following April’s 89,000 jobs bounce and expectations the Reserve Bank will cut interest rates on Tuesday. CBA continues to power ahead, hitting a record of $169.74. GrainCorp soars on profit upgrade.
Annual wages rose more than expected due to public sector spending. CC Capital still keen on Insignia after Bain withdraws. ASIC lands another blow on Macquarie. Aristocrat sinks on earnings miss.
Rollback of tariffs sees local investors pile back into previously under-pressure stocks like Breville and Zip. Likely pullback in rate cuts looms as defensive stocks like Coles and Woolworths decline.
Hesta dumps remaining stake in Chris Ellion-led Mineral Resources. Steps made to thaw US-China trade tensions. Woolworths invests more than $100m in lower prices. New leaders at South32, IDP.
Super fund Hesta has put WiseTech on its watchlist over concerns related to chair Richard White. Macquarie’s annual profit has investors on a tear. US has de-escalatory carrot ready for weekend’s China trade talks.
Original URL: https://www.theaustralian.com.au/business/trading-day