ASX 200 a sea of red, ends down 1.1pc at four-week low; Rio and miners fall; consumers still gloomy
Consumer gloom continues, according to Westpac survey. Rio flags second-half China recovery. Lovisa, Seven, Super Retail hit by analyst downgrades.
Welcome to the Trading Day blog for Tuesday, January 16. The ASX 200 index closed 1.1 per cent lower at 7414.80 points with all sectors in the red, led by sharp declines in utilities, mining and energy stocks.
The Aussie dollar is near US66.16c.
More Coverage
ASX tracks record; 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.