ASX 200 ends at record high; Life360 up 38pc; Platinum lifts; NAB boss joins BHP; bitcoin up
ASX 200 sets all-time high at close. Life360 soars 38 per cent on earnings beat. ASIC wants crime-linked Prospero wound up. China manufacturing activity better than expected but still weak.
Welcome to the Trading Day blog for Friday, March 1. The ASX 200 index ended 0.6 per cent higher at 7745.60 points - an all-time high and record close.
The Aussie dollar is trading higher near US65.07c.
More Coverage
Chinese AI start-up’s trillion dollar hit of tech’s ‘Magnificent Seven’
The arrival of cut-price Chinese rival to ChatGPT has seen more than a trillion dollars wiped from the value of major tech companies.
ASX flat after US tech stocks smashed
Local shares flat after brief reprieve following heavy falls across US tech stocks. Investors spooked following emergence of low-cost Chinese generative AI model DeepSeek, which could threaten US dominance in the fast-growing industry. Goodman, Nuix shares fall hard.