ASX ends at two-week high on cooler inflation; Brambles profit jump; Flight Centre dividend back
The ASX 200 closed 1.2 per cent following lower than expected inflation. Future Fund chair slams Qatar block. Gabon coup delivers fresh blow to Fortescue ambitions. Earnings lift Flight Centre and Brambles.
Welcome to the Trading Day blog for Wednesday, August 30. The ASX 200 finished 1.2 per cent higher at 7297.7 points following cooler than expected inflation, which eased some pressure off the RBA rates upcoming meeting.
The Aussie dollar is near US64.66c.
ASX ends up 0.5pc; Brookfield enters Insignia battle; former Star CEO cops ban
ASX 200 gains 0.5 per cent, led by resources, tech, property, industrials and communications. Macquarie weighs on financial sector. Google owner Alphabet's earnings disappoint. Brookfield lobs new offer to takeover target Insignia. Amcor lifts on reaffirmed guidance, estimates win. Former Star CFO cops ban.
ASX 200 ends flat as China retaliates to US tariffs
Australian stocks end flat, Aussie dollar dives 0.9 per cent as rebounds halted after US tariffs on China go ahead and China retaliates. Woolworths, Westpac announce leadership changes. Nine remains in 'difficult position': UBS.