ASX 200 ends flat; UBS backs August RBA rate rise, BHP ups iron ore guidance
Gains wiped as investors mull that a strong month of jobs creation will mean further rate hikes. Flight Centre upgrades guidance. Telstra to slash 500 jobs. Nuix soars on earnings beat.
Welcome to the Trading Day blog for Thursday, July 20. The S&P/ASX 200 gained 1.30 points to 7325 after being up by 0.8 per cent before a further round of hot jobs data.
ASX dives to two-month low; Star tumbles as seeks funds
ASX briefly erased its year-to-date gain as tariff fears and risk aversion hit global markets. Star shares drop 15 per cent as it looks at liquidity proposals. Endeavour down as profit falls. Australia Post profit jumps.
ASX ends higher; Gupta biggest Whyalla creditor
Sanjeev Gupta's GFG Alliance owed $500m from Whyalla collapse. Business investment unexpectedly falls in December quarter. Qantas rewards investors with dividend. Jobs to go as Oceania Glass Dandenong shuts.