NewsBite

ASX 200 rises; JB Hi-Fi profit beats forecasts; Aurizon flags $150m buyback; Beach Energy slumps to loss

RBA's Hauser warns on 'overconfidence' on rate forecasts. JB Hi-Fi buying e&s, reports lower profit but beats forecasts. Aurizon flags $150m buyback, strong FY25 after missing consensus estimates. Beach Energy slumps to loss.

Retailer JB Hi-Fi results a test of consumer resilience in tough economic times. Picture - Chris Pavlich
Retailer JB Hi-Fi results a test of consumer resilience in tough economic times. Picture - Chris Pavlich

Welcome to the Trading Day blog for Monday, August 12. The ASX 200 index closed 0.5 per cent higher to 7813.70points on tech and consumer gains. 

The Aussie dollar is trading around US65.84c at 5.05pm AEST. 

Read related topics:ASXAurizon

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

Original URL: https://www.theaustralian.com.au/business/trading-day/asx-200-to-rise-jb-hifi-beach-energy-car-group-results-due/live-coverage/8f697a76ec3f5d8e2a0b9f9271316c3b