ASX 200 falls; Karoon gets first strike; Origin's Eraring deal; BHP-Anglo talks; Nufarm falls; Xero soars
Shareholder revolt at Karoon Energy AGM. Qenos creditors agree to collapsed group's sale. BHP risks overpaying for Anglo American: RBC. Xero soars while Nufarm falls after results.
Welcome to the Trading Day blog for Thursday, May 23. The ASX 200 index trimmed its early falls to close 0.5 per cent lower at 7811.80 points, as mining losses offset a tech sector rally. Wall Street closed lower overnight before Nvidia reported its forecast-beating earnings.
The Aussie dollar is near US66.23c.
More Coverage
ASX sets record close despite pullback; HMC confirms Healthscope talks
David Di Pilla-led HMC eyes Brookfield-owned hospitals operator. Cochlear falls on trimmed guidance. Dividend disappointment weighs on AMP. GFG Alliance puts NSW coal mine on the block in debt plan. Mirvac soars on return to profit.
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.