ASX 200 falls for fifth day running as miners dive; HMC, DigiCo down; ASIC sues HSBC; AGMs at NAB, ANZ this week
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.
Welcome to the Trading Day blog for Monday, December 16. The ASX 200 index ends down 0.6 per cent to 8249.5 points led by mining falls. It was the fifth consecutive daily fall, the first since April.
On Friday, the Dow Jones index fell 0.2 per cent, while the S&P 500 slipped less than a point and the Nasdaq Composite rose or 0.1 per cent.
Bitcoin's above $US104,700.
The Aussie dollar is trading around US63.69c.
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.
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.