ASX 200 ends higher on tech, property, banks as energy stocks hit. NextDC jumps; downgrades for ex-div Woodside and Santos
RBA governor says higher rates not off the table. Data centre operator NextDC's top gainer after AirTrunk sale. Coronado dives on guidance. Downgrades add to oil price woes for ex-div Woodside and Santos. Apollo selldown hit for Challenger.
Welcome to the Trading Day blog for Thursday, September 5. The ASX 200 index closed 0.4 per cent higher at 7,982.4 points, led by technology, property and banking stocks. The energy sector was the biggest loser, down 4 per cent.
The Aussie dollar is trading around US67.254.
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.