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ASX 200 gains; RBA ready to hike again; Fortescue gets first strike

RBA 'resolute' on CPI returning to target. Backlash against payouts to former Fortescue execs. Pro Medicus founders' $176m selldown. AGL avoids second strike as Cannon-Brookes demands climate action.

David Rogers, Joseph Carbone, Valerina Changarathil and Megan Neil
less than 2 min read
6:07AMNovember 21, 2023.
Updated 5:12PMNovember 21, 2023
The Australian Business Network
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RBA meeting minutes, governor’s ASIC appearance on investor radars alongside other corporate and economic updates. Picture: Gaye Gerard
RBA meeting minutes, governor’s ASIC appearance on investor radars alongside other corporate and economic updates. Picture: Gaye Gerard

Welcome to the Trading Day blog for Tuesday, November 21. The ASX 200 index closes 0.3 per cent higher at 7078.20 points on strong mining sector gains, as iron ore prices jump.  Wall St closed higher led by Microsoft.

The Aussie dollar is near US65.83c.

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Warning signs that your dividends may drop
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Read related topics:Agl EnergyASXClimate ChangeFortescue MetalsMike Cannon Brookes

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Original URL: https://www.theaustralian.com.au/business/trading-day/asx-200-to-rise-amid-rba-focus-microsoft-soars-on-altman-appointment/live-coverage/3ba2e7b2b2876af97ed4a23034961bfa