NewsBite

Live: ASX 200 rises as energy, banks gain; CBA court win; Suncorp warns of intense competition; ResMed CEO selldown

ASX 200 up 1.6 per cent this week. UK exits recession. Financial stress at highest in 8 years: NAB. CBA shareholder class actions dismissed. Bonza administrators in talks with 'interested parties'. Life360 drops. 

David Rogers, Valerina Changarathil and Megan Neil
less than 2 min read
May 10, 2024 - 4:22PM
The Australian Business Network
Print
Commentary around rates and inflation and the impact on earnings and the economy have driven investor sentiment this week. Picture: Gaye Gerard
Commentary around rates and inflation and the impact on earnings and the economy have driven investor sentiment this week. Picture: Gaye Gerard

Welcome to the Trading Day blog for Friday, May 10. The ASX 200 index closed 0.4 per cent higher at 7749.0 points.

The Aussie dollar is trading near US66.13c.

More Coverage

Get ready to switch to mining as banks wobble
David Rogers
Read related topics:AirbnbAnz BankASXCommonwealth Bank Of AustraliaNational Australia BankQbe InsuranceSuncorp

Add your comment to this story

To join the conversation, please Don't have an account? Register

Join the conversation, you are commenting as Logout

More related stories
ASX steady as miners gain; CBA rises, IAG down
Trading Day

ASX steady as miners gain; CBA rises, IAG down

Sigma gains as $300m worth of shares change hands. Alliance Aviation's labour costs growing after first industrial action in two decades. IAG top loser as investors miss buyback. Temple & Webster top gainer. 'Cleaner result' sees ASX Ltd soar. 

Read more

Original URL: https://www.theaustralian.com.au/business/trading-day/live-asx-200-may-rise-after-us-rally-airbnb-roblox-dive-boe-holds-rates/live-coverage/03e89c7a8ecc8f54a901bb01430ba314