ASX 200 rises; Ansell, Judo, Reliance soar after results; Dexus, Yancoal tank; No rush on RBA rate cut
Inflation will be 'slow to decline': RBA minutes. Dexus sinks on FY25 distribution warning. Ansell's result better than expected. Judo tops expectations. Reliance results 'operationally strong'. Yancoal slumps on weak first-half. Baby Bunting, Monadelphous gain.
Welcome to the Trading Day blog for Tuesday, August 20. The ASX 200 index closed 0.2 per cent higher at 7997.70 points. US indexes continued their winning streak overnight.
The Aussie dollar is trading around US67.30c at 5pm AEST after the release of the RBA's August meeting minutes.
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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.