ASX 200 closes down; China cuts rate; Iress, Elders, A2M, Adairs tank; Premier soars
Adairs, A2M dive on weak outlook. China rate cut less than expected. Premier lifts on CEO Richard Murray's shock exit, review. Qantas, Star slapped with court actions.
Welcome to the Trading Day blog for Monday, August 21. The ASX 200 index closes down 0.5 per cent at 7115.50 amid big earnings-related stock falls and after China's rate moves disappointed.
The Aussie dollar is near US63.98c.
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