Live: ASX 200 dips; Virgin boss leaving; Suncorp lifts, ANZ falls on win; Star plunges 20pc
Jayne Hrdlicka leaving Virgin before IPO. RBA considered Feb rate hike. Suncorp up after ANZ deal green light. Sims, KMD, Baby Bunting drop. Bravura soars. ARB, HMC gain.
Welcome to the Trading Day blog for Tuesday, February 20. The ASX 200 index ended little changed, down just 6.1 points at 7659.00 points. Wall Street was closed for the Presidents Day holiday.
Investors are parsing a stack of earnings updates.
The Aussie dollar is trading near US65.28c.
More Coverage
ASX 200 down as NAB, Santos, MinRes hit
SA govt puts Whyalla Steelworks into administration. NAB shares slumps as margin strain dents earnings. MinRes tanks on massive loss. Santos results disappoint. WA rich lister sells $8.5bn Rio stake. MinRes' big loss triggers double-digit dive. Profitable Goodman taps investors for $4bn.
RBA delivers ‘hawkish’ rate cut; ASX down
Reserve Bank cuts rates 25 basis points, takes official cash rate to 4.1 per cent. First cut in more than four years. NAB, Westpac, CBA and ANZ lower home loan rates. Qatar-Virgin deal gets ACCC nod. Gold to outshine $US3000: UBS, Goldman.