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ASX 200 up; Telstra rises as Optus reboots; Magellan first strike; PwC cuts jobs

Telstra shares jump, Optus parent Singtel falls. First strike against Magellan. ACCC takes fresh swipe at Qantas. PwC cuts 338 jobs. James Hardie's record earnings. 

David Rogers, Valerina Changarathil and Megan Neil
less than 2 min read
5:54AMNovember 08, 2023.
Updated 5:27PMNovember 08, 2023
The Australian Business Network
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Inflationary pressures and rate rises may impact equity investor sentiment in the lead up to Christmas. Picture: Gaye Gerard
Inflationary pressures and rate rises may impact equity investor sentiment in the lead up to Christmas. Picture: Gaye Gerard

Welcome to the Trading Day blog for Wednesday, November 8. The ASX 200 index closed up 0.26 per cent to 6,995.40 points with most sectors performing well.

The Aussie dollar is trading around US64.38c.

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Batting on: RBA up to 13 not out on rises
Patrick Commins
Read related topics:AdelaideASXBhp Group LimitedJames HardieQantasTelstraWestpac

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