ASX 200 rises as CBA hits record high; miners fall; REA drops on potential UK buy; The Star suspended from trading
Bank and energy gains offset declines by iron ore and gold miners. REA falls on news it is considering a bid for Rightmove. The Star suspended from trading.
Welcome to the Trading Day blog for Monday, September 2nd. After earlier falling as much as 0.6 per cent, the ASX 200 closed 0.2 per cent higher at 8109.9 points.
The Aussie dollar is trading around US67.77c.
More Coverage
China’s stimulus packages suggests economic growth concerns: ANZ
China has cut interest rates and announced other economic boosters before its first trade talks with the US since US President Donald Trump's sweeping tariffs in April. Local shares close slightly higher, bitcoin gains and the AUD is near US65c.
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Trump tariffs in focus for business leaders at Macquarie conference. HMC Capital in talks to re-tenant Healthscope facilities. Regal Partners explains why it abandoned Platinum bid.