ASX 200 trims falls; ACCC nod for Virgin-Qatar deal; Cbus chair Wayne Swan in parliament; ANZ pushes out rate cut to May
Interim nod for the aviation partners to operate 28 weekly return flights between Doha and Aus cities. Meta warns on incoming social media ban. Cbus chair Wayne Swan says no 'reserve' being built for fine payments. ANZ forecasts May rate cut.
Welcome to the Trading Day blog for Friday, November 29. The ASX 200 index closed 0.1 per cent lower to 8436.20 points.
The key index closed at a record 8444.3 points on Thursday - after hitting an all-time intraday high of 8477.1 points.
Wall Street is on a Thanksgiving holiday, but will be back for a shorter trading session on Friday (Saturday AEDT) with US futures currently showing the Dow Jones on track to record its biggest monthly gains this year after the rise following Donald Trump's election victory.
The Aussie dollar is trading around US65.14c at 5pm AEDT.
More Coverage
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.