ASX falls 0.5pc; Woodside buys US LNG player; South32 to book $500m-plus impairment; NZ discount retailer The Warehouse could be on the block
The sharemarket has closed in the red for a third day, hurt by US losses and profit fears. Woodside snaps up Tellurian. NZ retail chain The Warehouse buyout potentially on horizon. Iress jumps on updated guidance. South32 smashed on $500m-plus impairment.
Welcome to the Trading Day blog for Monday, July 22. The ASX 200 closed 0.5 per cent lower at 7,931.7 points on Monday.
The Aussie dollar has slipped, trading around US66.67c.
ASX 200’s best day in six weeks
AUD down on 53,000 fewer jobs in Feb. Judo dives as Bain, GIC offload stake. Rinehart-backed Arafura's best day in almost a year. Red flag raised after $20m withdrawal by Star patrons. Nanosonics is top mid-cap gainer after US FDA tick.
ASX 200 back in the red; MinRes down
MinRes faces more bumps on Onslow haul road. Myer's challenges continue as costs rise. 'Value destructive': Rio dismisses unification push. Hanwha 'wildly mistaken' on new move: Austal chair.