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ASX 200 up for seventh day in a row; weak retail sales; Megaport, Nickel Industries and City Chic surge

Bourse flirts with record high before paring gains. Godfreys falls into administration. Costa Group shareholders back $1.5bn takeover. Megaport, Nickel Industries and City Chic jump.

David Rogers, Joseph Carbone and Megan Neil
The ASX 200 is expected to open flat as Wall Street posts incremental gains and oil prices dip. Picture: Gaye Gerard
The ASX 200 is expected to open flat as Wall Street posts incremental gains and oil prices dip. Picture: Gaye Gerard
less than 2 min read
6:07AMJanuary 30, 2024.
Updated 5:19PMJanuary 30, 2024
The Australian Business Network

Welcome to the Trading Day blog for Tuesday, January 30. The ASX 200 closed 0.3 per cent higher at 7600.20 points. Wall Street posted strong gains. 

The Aussie dollar is trading around US66.12c.

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Original URL: https://www.theaustralian.com.au/business/trading-day/asx-set-to-rise-retail-data-in-focus-oil-dips-as-more-companies-report/live-coverage/27e0e3198716eae5520cb66ae1657cb9