LIVE
ASX rises after Wall St rebound; Australia should focus on Asia; Nine hires new CEO; ACCC finds problem with DP World buying Silk
Mining stocks mixed as local shares advance on cooling US inflation, surging tech stocks. Nine appoints Matthew Stanton as CEO. ACCC finds issues with DP World's acquisition of Silk. Boss buys stake in uranium player.
Welcome to the Trading Day blog for Thursday, March 13. The ASX 200 has opened 0.3 per cent higher to 7806.90 points after US stocks surged on cooling inflation data and a rebounding tech sector.
On Wall Street, the S&P 500 closed 0.4 per cent higher, the technology-focused Nasdaq Composite Index added 1.2 per cent and the Dow Jones Industrial Average shed 0.2 per cent lower.
Cryptocurrency market leader bitcoin is trading above $US83,000.
The Aussie dollar is trading around US63.23c.
Join the conversation
Add your comment to this story
ASX sinks; warnings consumers will cop tariff hit
Investors wipe $36bn off the local market and push the ASX 200 to the brink of a "correction" as Wall Street tumbles continues to tumble. No exemption for tariffs on Australian steel, aluminium sent to US. Corporate regulator sues super giant.
Read more
ASX 200 trims falls; tech stocks pummeled
Australian stocks trimmed half of a sharp intraday fall as US futures rebounded after recession fears hit Wall Street. Brookfield begins Healthscope sale process. Brickworks takes a writedown on US operations. Polynovo shares drop after CEO sent packing.
Read more
To join the conversation, please log in. Don't have an account? Register
Join the conversation, you are commenting as Logout