ASX 200 ends week up; Star rockets 20pc on NSW tax deal, Woodside leads energy losses
Bourse sees small weekly gain. Star rockets on NSW tax deal. Iron ore flat amid Chinese property woes. Dollar set for a fourth weekly loss. Cettire CEO's $100m selldown.
Welcome to the Trading Day blog for Friday, August 11. The S&P/ASX 200 index retreated 0.2 per cent, or by 17.90 points to 7339.50 with energy leading losses across eight of the 11 sectors. For the week the benchmark index held on for a 0.2 per cent gain.
ASX 200 falls on China update; BHP leads mining reversal
Iron ore, copper futures, AUD down after China's underwhelming economic update. RBA's 'step down' in hawkishness evident in September minutes, but deputy governor Andrew Hauser says inflation job's not done yet.
ASX 200 rises on banks; Arcadium top gainer
Rio Tinto's takeover approach lifts Arcadium Lithium appeal. West African Resources drops on Burkina Faso mining concerns. Qantas may avoid second strike after proxy backing.