Richard White to stand down as WiseTech CEO

ASX 200 slips in cautious trading. WiseTech CEO resigns. CBA, Westpac rebuff flexible serviceability buffer call for home loans. Weak quarter weighs on Reece, Fortescue and Brambles. Super Retail tried to settle claims ahead of court fight. HMC lines up data play with $2bn Global Switch deal.

Corporate commentary at AGMs, US earnings and founder issues are making for a busy week for equity investors. Picture: Gaye Gerard

Welcome to the Trading Day blog for Thursday, October 24. Richard White stands down as WiseTech CEO. The ASX 200 index slipped 0.1 per cent to close at 8206.3 points after bouncing from a two-week low of 8283.8 to a two-day high of 8247.5. Gains in banks, health care, staples and communications outweigh falls in tech, miners, discretionary and industrials.

The Aussie dollar is trading around US66.43c.