ASX 200 ends flat; Goodman lifts guidance; Perpetual's KKR deal details; downgrades hit Imdex
The market closed broadly flat, with seven of the 11 sectors in the black. Perpetual's forgettable day after KKR deal triggers calls for chair to exit with outgoing CEO. Analyst downgrades hit Imdex. IPH bids for Adamantem-target Qantm.
Welcome to the Trading Day blog for Wednesday, May 8. The ASX 200 index closed broadly flat at 7,804.5 points after strong gains in recent days, with industrials and technology stocks finding investor support.
The Aussie dollar is trading around US65.79c after RBA governor Michele Bullock put potential rate hikes back on the agenda after the board’s meeting on Tuesday.
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