ASX 200 live: RBA cuts rates; SGH, Life360 results; Tuas top gainer; SkyCity 'suitable' to run Adl casino
The Reserve Bank has cut interest rates by 25 basis points to 3.60 per cent in a unanimous decision. SGH drops on guidance. Life360 beats expectations. Teoh's Tuas a top gainer.
Welcome to the Trading Day blog for Tuesday, August 12. The ASX 200 index closed 0.4 per cent higher to 8880.80 points after earlier reaching a new intraday record.
Wall Street's key indexes closed in the red. The Dow Industrials fell 0.5 per cent, while the Nasdaq Composite and the S&P 500 dipped by 0.3 per cent and 0.2 per cent, respectively.
Cryptocurrency giant bitcoin is near $US119,000.
The Aussie dollar is trading around US65.01c.
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