ASX 200 falls; ASIC warns of broader Cbus-like issues; MinRes mothballs WA mine; CBA Q1 profit; WiseTech class action
ASIC warns of broader Cbus-like issues as super gint agrees to Senate hearing. Johns Lyng gets second strike. MinRes to mothball WA mine, 300 jobs impacted. Nuix sinks 20pc-plus despite CEO assurance. WiseTech hit with class action.
Welcome to the Trading Day blog for Wednesday, November 13. The ASX 200 index closed 0.8 per cent lower to 8193.40 points on broad declines. Wall Street closed lower as the Trump trade rally paused ahead of key inflation numbers.
The Aussie dollar is trading around US65.33c at 5pm AEDT.
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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.