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ASX 200 falls; Bendigo Bank jumps; Star declines; SkyCity's Adelaide penalty

SkyCity Adelaide to pay $67m AUSTRAC penalty. Bendigo Bank jumps as margins rise. Star's Queensland licence suspension date pushed back. Lendlease sells Asian asset. China eases mortgage rules.

David Rogers, Valerina Changarathil and Megan Neil
less than 2 min read
May 17, 2024 - 5:00PM
The Australian Business Network
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Investors are parsing through budget details and local and overseas economic updates. Picture: Gaye Gerard
Investors are parsing through budget details and local and overseas economic updates. Picture: Gaye Gerard

Welcome to the Trading Day blog for Friday, May 17. The ASX 200 index closed 0.9 per cent lower at 7814.40 points, with tech and health stocks leading the falls. Wall Street indexes closed lower after Dow hit an intraday high of 40,000.

The Aussie dollar is near US66.69c.

More Coverage

Dow Jones briefly tops 40,000 for the first time
Karen Langley
Read related topics:AdelaideASXChina TiesLendlease

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Original URL: https://www.theaustralian.com.au/business/trading-day/live-asx-200-to-fall-dow-flirts-with-40000-close/live-coverage/1c4b7746a530b2ddcc814f37db669f17