ASX 200 hits record high ahead of Easter break; Beach axes executives; Feb retail sales rose 0.3pc on Swift effect
Beach Energy flags post-Easter reset with most of the current leadership team leaving. Excluding Swift effect, underlying February retail sales flat. Ramelius ends takeover talks, shares rise.
Welcome to the Trading Day blog for Thursday, March 28. The ASX 200 set a new closing record, rising 1 per cent to finish at 7896.90 points, after hitting its best-ever intraday peak of 7901.20 points during the session.
The Aussie dollar is trading around US65.25c.
More Coverage
ASX sets record close despite pullback; HMC confirms Healthscope talks
David Di Pilla-led HMC eyes Brookfield-owned hospitals operator. Cochlear falls on trimmed guidance. Dividend disappointment weighs on AMP. GFG Alliance puts NSW coal mine on the block in debt plan. Mirvac soars on return to profit.
ASX steady as miners gain; CBA rises, IAG down
Sigma gains as $300m worth of shares change hands. Alliance Aviation's labour costs growing after first industrial action in two decades. IAG top loser as investors miss buyback. Temple & Webster top gainer. 'Cleaner result' sees ASX Ltd soar.