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ASX 200 flat as miners gain; Guzman y Gomez falls on sell rating; Star's Sydney bump

Property giants lift on 'cheaper debt outlook'. Santos down despite oil price spike. Origin loses ground after abandoning hydrogen plans. Sell rating weighs on 'overly ambitious' Guzman y Gomez. IMF backs RBA's tight stance.

Valerina Changarathil and Joseph Carbone
less than 2 min read
7:23AMOctober 03, 2024.
Updated 5:03PMOctober 03, 2024
The Australian Business Network
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Equity markets are subdued - with pockets of gains - as the Middle East conflict escalates. Picture: Gaye Gerard
Equity markets are subdued - with pockets of gains - as the Middle East conflict escalates. Picture: Gaye Gerard

Welcome to the Trading Day blog for Thursday, October 3. The ASX 200 closed 0.1 per cent higher to 8205.20 points off the back of a strong property sector.

The Aussie dollar is trading around US68.71c at 5pm AEST.

More Coverage

Economists play down fears over pump price as oil spikes
Giuseppe Tauriello

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Original URL: https://www.theaustralian.com.au/business/trading-day/asx-200-may-be-choppy-as-oil-climbs-openais-valuation-jumps-tesla-falls/live-coverage/19bf03a7da53009e02cc00a9e002df82