NewsBite

ASX 200 ends flat, in worst week in 12 months; Magellan soars; Domain dives

Bourse has worst week in 12 months. Magellan gets special dividend boost. China's Evergrande files for US bankruptcy cover. BHP, Rio and Fortescue up on iron ore price jump.

David Rogers, Valerina Changarathil and Megan Neil
less than 2 min read
5:54AMAugust 18, 2023.
Updated 5:07PMAugust 18, 2023
The Australian Business Network
Print
Fewer earnings updates on Friday, but global and local economic updates are keeping investors on edge. Picture: Gaye Gerard
Fewer earnings updates on Friday, but global and local economic updates are keeping investors on edge. Picture: Gaye Gerard

Welcome to the Trading Day blog for Friday, August 18. The ASX 200 index closed flat, up just 0.03 per cent to 7148.10 points, in its worst week in a year.

The Aussie dollar is near US64.11c.

More Coverage

Don’t expect returns to be so super: ART
Megan Neil

Add your comment to this story

To join the conversation, please Don't have an account? Register

Join the conversation, you are commenting as Logout

More related stories
ASX steady as miners gain; CBA rises, IAG down
Trading Day

ASX steady as miners gain; CBA rises, IAG down

Sigma gains as $300m worth of shares change hands. Alliance Aviation's labour costs growing after first industrial action in two decades. IAG top loser as investors miss buyback. Temple & Webster top gainer. 'Cleaner result' sees ASX Ltd soar. 

Read more

Original URL: https://www.theaustralian.com.au/business/trading-day/asx-200-to-fall-with-magellan-latitude-earnings-due-wall-st-lower-on-bond-housing-woes/live-coverage/625501ddc98ee540640d64d264fceb73