ASX 200 up 3.7pc in best week of 2023; Neuren surges on US extension, iron ore rallies
A shift in sentiment sees bourse rise to a three-week high after its best week since November. Neuren soars on US expansion. Markets back Michele Bullock appointment.
Welcome to the Trading Day blog for Friday, July 14. The Australian sharemarket rallied for a fourth consecutive session to cap off its best week since November 2022 as the S&P/ASX 200 rose 0.8 per cent to 7303.10, or 3.7 per cent for the week.
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.