ASX 200 down; Magellan taps new chair; Inghams top gainer
Magellan appoints new chair. AUD below US64c. Jobs data weaker than expected. Inghams and Super Retail soar on dividend windfalls. No more staff cuts: Telstra boss.
Welcome to the Trading Day blog for Thursday, August 17. The ASX 200 trimmed earlier losses of more than 1 per cent to end down 0.7 per cent at a new five-week low close of 7146.0, after weaker-than-expected jobs data.
The Aussie dollar is near US63.93c.
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