ASX 200 up 1pc; Virgin profitable after 11 years; Origin at five-year high on ACCC nod
Origin hits five-year high. Star investor Mathieson's dilution hit. Annual profit back at Virgin Australia. Chair defends Endeavour performance. Politis boost for Eagers.
Welcome to the Trading Day blog for Tuesday, October 10. The ASX 200 index closes 1 per cent higher at 7040.60 points, its biggest one-day gain since September 15, with all sectors in the green. Wall Street ended higher.
The Aussie dollar is near US64.11c.
More Coverage
Add your comment to this story
RBA rate cut on track despite wages surprise; Insignia top loser
Annual wages rose more than expected due to public sector spending. CC Capital still keen on Insignia after Bain withdraws. ASIC lands another blow on Macquarie. Aristocrat sinks on earnings miss.
Market trims ‘reset’ gains after China-US trade ceasefire
Rollback of tariffs sees local investors pile back into previously under-pressure stocks like Breville and Zip. Likely pullback in rate cuts looms as defensive stocks like Coles and Woolworths decline.
To join the conversation, please log in. Don't have an account? Register
Join the conversation, you are commenting as Logout