ASX 200 slips 0.1pc; Fortescue dives as iron ore hits five month low, banks flat
REITs rally as miners and energy stocks fall. Iron ore at five-month low. Invocare dives as TPG walks. South32 tanks on production miss. Bluescope ups outlook on steel prices.
Welcome to the Trading Day blog for Monday, April 24. The Australian sharemarket ends mostly unchanged as investors hedge their bets ahead of Wednesday's crucial March quarter inflation data.
The S&P/ASX 200 index fell by 8.40 points, or by 0.1 per cent, to close at 7322.
Wall Street is expected to open lower with futures tied to the Dow Jones down by 0.4 per cent and off 0.5 per cent for the Nasdaq and S&P 500.
The dollar was near US66.75c at the close.
ASX 200 falls on China update; BHP leads mining reversal
Iron ore, copper futures, AUD down after China's underwhelming economic update. RBA's 'step down' in hawkishness evident in September minutes, but deputy governor Andrew Hauser says inflation job's not done yet.
ASX 200 rises on banks; Arcadium top gainer
Rio Tinto's takeover approach lifts Arcadium Lithium appeal. West African Resources drops on Burkina Faso mining concerns. Qantas may avoid second strike after proxy backing.