ASX 200 up ahead of US, UK rate calls; Perseus sweetens Orecorp bid; Adbri's WA lime contract cut short; Amcor CEO Ron Delia to retire
Sierra Rutile soars on unsolicited bid. Iconic retailer Godfreys to shutter. OreCorp lifts amid Perseus, Silvercorp tussle. Amcor falls on CEO's retirement. Listed minnow slapped with huge fine.
Welcome to the Trading Day blog for Wednesday, March 20. The ASX 200 index trimmed earlier gains to close down 0.1 per cent to 7695.80 points in a seesaw session ahead of rate signals from the US and UK later this week.
The Aussie dollar is near US65.29c.
More Coverage
ASX 200 down; forgettable day for NAB, MinRes
SA govt puts Whyalla Steelworks into administration. NAB shares slumps as margin strain dents earnings. WA rich lister sells $8.5bn Rio stake. MinRes' big loss triggers double-digit dive. Profitable Goodman taps investors for $4bn.
RBA delivers ‘hawkish’ rate cut; ASX down
Reserve Bank cuts rates 25 basis points, takes official cash rate to 4.1 per cent. First cut in more than four years. NAB, Westpac, CBA and ANZ lower home loan rates. Qatar-Virgin deal gets ACCC nod. Gold to outshine $US3000: UBS, Goldman.