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ASX 200 down; Fletcher's debt deals; Bright makes changes to Synlait board; Lovisa downgrades; Borghetti to chair Crown

Local sharemarket sees late sell-off as volatile commodity prices weigh. Peter Warren shareholder buys the dip. Country Road CEO keeps job. Lovisa hit with fresh downgrades. Virgin ex-CEO Borghetti to chair Crown.

David Rogers, Valerina Changarathil and Joseph Carbone

Local and global economic data in focus this week. Picture: Gaye Gerard

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5:58AMJune 04, 2024.

Updated 7:13AMJune 05, 2024

The Australian Business Network

Welcome to the Trading Day blog for Tuesday, June 4. The ASX 200 index closed down 0.3 per cent to 7737.10 points on mining and energy falls. US markets closed mixed.

The Aussie dollar is trading near US66.65c after Australia's net exports and company profits came in below expectations for the March quarter.