ASX 200 rises; WiseTech back in the red; QBE down; Coles, Woolworths gain; Domain looks for new CEO
WiseTech, MinRes billionaire actions on ASIC radar. Qantas jumps on Jefferies' boost. Insurer QBE sued for allegedly misleading 500,000 customers. Nine-controlled Domain Holdings flags CEO change.
Welcome to the Trading Day blog for Wednesday, October 24. After earlier hitting a two-week low, the ASX 200 index closed 0.1 per cent higher to 8216 points.
The Aussie dollar was trading around US66.76c 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.