ASX 200 lifts on Powell's steady stance; Rio falls amid reports Norway fund may divest stake; Scentre gets first strike
Westfield owner Scentre gets first strike over pay report. Household spending rises. Building approvals fall. Rio Tinto AGM tonight as faces possible Norway fund sale. Seven's Boral bid not fair or reasonable: independent expert.
Welcome to the Trading Day blog for Thursday, April 4. The ASX 200 index closed 0.5 per cent higher at 7817.30 points on broad gains. Wall Street closed mixed.
The Aussie dollar is trading around US65.86c.
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Energy stocks rebound leads ASX higher
The local sharemarket extended gains in afternoon trade, driven by a sharp rebound in energy stocks and buoyant gold miners. Jobs data won't push RBA rate cut in May. BHP gains on steady March quarter. Woodside spikes on LNG deal, oil price.
Energy stocks weigh as ASX closes flat; Sigma’s $297m selloff
Sigma's billionaire director cashes in. Star shares down after roller-coaster start. Zip top gainer. BOQ lifts on profit beat. Asian markets red as Nvidia-led falls loom. China warns of US tariff pressures.