NewsBite

ASX 200 live: AusSuper sells WiseTech stake Rinehart-backed Vulcan soars

Vulcan's European tick triggers investor rush while Jeanswest goes in administration again. Paladin shares sinks as rain washes away guidance, Whyalla interest boosts BlueScope and rate cut hopes up on Feb inflation fall.

Budget details, corporate announcements are keeping investors on the go. Picture: Gaye Gerard
Budget details, corporate announcements are keeping investors on the go. Picture: Gaye Gerard
The Australian Business Network

Welcome to the Trading Day blog for Wednesday, March 26. The ASX 200 index is up 0.7 per cent to 8001.3points at 2.50pm AEDT, helped by lower than expected inflation in February and gains in the US.

On Wall Street, the S&P 500 and Dow Jones indexes closed 0.2 per cent higher and 0.1 per cent lower, respectively, while the technology-focused Nasdaq rose 0.5 per cent as hopes for a moderate outcome on tariffs outweighed another drop in consumer-sentiment data.

Cryptocurrency giant bitcoin is above $US87,000 as US President Donald Trump's family venture announced the launch of a new stablecoin.

The Aussie dollar is trading around US63.03c.

Add your comment to this story

To join the conversation, please Don't have an account? Register

Join the conversation, you are commenting as Logout

Original URL: https://www.theaustralian.com.au/business/trading-day/asx-200-live-all-the-latest-business-results-updates-and-economic-news/live-coverage/550f13c41a96c76b80857d1ab72c3856