ASX 200 rises despite tech falls; BHP, Infratil down; milder US inflation signals Sept rate cut; Tesla snaps winning streak in Nasdaq falls
CBA's new intraday record: $131.70. Glencore 'monitoring' WA nickel operations as Lynas, Alliance Aviation assess ripple impact of BHP suspension. ACCC sifts through Brookfield's $10bn Neoen play. Turmoil on board at Rex Airlines. Cettire jumps.
Welcome to the Trading Day blog for Friday, July 12. The ASX 200 index closed 0.9 per cent higher to 7959.30 points with consumer discretionary and property stocks the strongest and only the tech sector in the red.
The Aussie dollar is trading around US67.62c at 5.05pm AEST.
More Coverage
Bank woes hit ASX; Domain, Mayne top gainers
Takeover bids fire up Domain, Nine, Mayne. Coalition matches Whyalla support promise. RBA too slow to hike rates: Bullock. GYG down on 'soft' US sales. QBE soars. Bendigo Bank cuts rates.
ASX 200 hits 5-week low; $2.4bn for Whyalla Steelworks
Fortescue leads mining losses. Banks continue to sink. Goodman down on equity raising. Megaport top gainer as Telstra, Wesfarmers also lift. Rescue package for SA steel plant. Jobs rise more than expected.