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ASX 200 ends down; J-Power moves on Genex bid; Boral says yes to Seven; Star's mixed quarter

Atlassian billionaire Scott Farquhar kingmaker in Genex takeover by J-Power. Forrest vows to push ahead on Meta fight after DPP blow. 'Enhanced bid' paves way for Seven to take control of Boral. Star falls.

David Rogers, Valerina Changarathil and Megan Neil
less than 2 min read
April 12, 2024 - 4:24PM
The Australian Business Network
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Inflation and rates are dominating investor sentiment this week ahead of the start of earnings updates from the US, starting this week. Picture: David Moir/Bloomberg
Inflation and rates are dominating investor sentiment this week ahead of the start of earnings updates from the US, starting this week. Picture: David Moir/Bloomberg

Welcome to the Trading Day blog for Friday, April 12. The ASX 200 index closed 0.3 per cent lower at 7788.10 points, falling for the second day running. Wall Street's Dow Jones index remained on edge, Nasdaq hit a record after fresh data eased inflation jitters.

The Aussie dollar is trading near US65.22c.

More Coverage

US inflation data makes budget a tougher task
Paul Brennan
Read related topics:ASXMike Cannon BrookesScott Farquhar

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Original URL: https://www.theaustralian.com.au/business/trading-day/asx-200-may-waver-as-us-inflation-jitters-ease-morgan-stanley-sinks-ecb-signals-june-rate-cut/live-coverage/85d406e2e80844a2462e86f1aaa10563