ASX 200 rises; Nine CEO Mike Sneesby to exit; Star on watch; Brickworks impairment; Qantas ex-CEO Alan Joyce paid millions
Nine's change of guard as Mike Sneesby leaves at the end of September. Brickworks flags $123.5m impairment on weak markets. Qantas ex-boss Joyce paid millions more. ACCC gives banks, AusPost, supermarkets nod for cash-in-transit contingency planning.
Welcome to the Trading Day blog for Thursday, September 12. The ASX 200 index closed 1.1 per cent higher to 8075.70 points after strong late gains on a boost to US futures.
The Aussie dollar is trading around US66.85c at 5pm AEST.
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ASX 200 trims falls as Trump, Asian markets await China response
The ASX 200 trimmed a big intraday fall as US stock index futures and US Treasuries reversed early losses. Asian stocks are mixed with the Nikkei 225 down 3 per cent and the Hang Seng index turning up 1.3 per cent. Xi Jinping will visit Vietnam, Malaysia and Cambodia next week for a response to Trump's 145 per cent tariff war.
ASX recovers $116bn in best day since June 2020
Technology and mining stocks lead surge on local bourse. US futures point down after Wall Street's historic session as Chinese leaders meet to respond to Trump's 125 per cent hit.
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