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ASX 200 closes flat; Altium, Megaport top gainers; Coles, BHP, Woodside down

Altium, Megaport led tech sector gains. Worst day since 2020 for Coles. Redbubble wins support on cost-cutting focus. HUB24 lifts on profit jump. Telstra's best day in 16 months.

Another rollercoaster ride for investors as earnings updates continue amid global economic and geopolitical developments. Picture: Gaye Gerard
Another rollercoaster ride for investors as earnings updates continue amid global economic and geopolitical developments. Picture: Gaye Gerard
The Australian Business Network

Welcome to the Trading Day blog for Tuesday, August 22. The ASX 200 index recovers from a six-week low to finish flat - up just 0.09 per cent at 7121.60 - as earnings-related strain on some major stocks offsets tech gains.

The Aussie dollar is trading around US64.26c.

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Original URL: https://www.theaustralian.com.au/business/trading-day/asx-200-to-rise-amid-results-roadshow-us-bond-yields-up/live-coverage/f84a96abdeffac61593626e713629915