ASX 200 lower; Iron ore prices slid to near $US100, Downer's shock impairment
A second day of losses sets bourse up for first weekly fall in a month. Iron ore nears $US100. Downer slides on 'surprising' writedown. ASIC slaps ban on fund linked to former RBA boss.
Welcome to the Trading Day blog for Thursday, August 3. It was a sea of red across the Australian sharemarket on Thursday as the S&P/ASX 200 index fell 0.6 per cent to 7311.80.
Join the conversation
Add your comment to this story
ASX down slightly; Macquarie, Bapcor disappoint
Macquarie quarterly profit falls, CFO flags exit. RBA governor cautions on speed of inflation fall. Bapcor sinks on profit warning, board exodus.
Read more
ASX hits 3-day high led by miners, resurgent banks
Glencore preps for Queensland smelter closure. Ampol flags lower earnings. Woodside's US hydrogen hit. Quarterly updates weigh on Telix, Paladin.
Read more
To join the conversation, please log in. Don't have an account? Register
Join the conversation, you are commenting as Logout