ASX ends flat despite US futures jump
The sharemarket was flat on light volumes as investors awaited key inflation data. Mosaic Brands enters receivership with KPMG appointed. ASX Limited hit by first strike against remuneration report.
Trading Day
ASX 200 ends flat after intraday rise; WiseTech, HMC among top gainers; Metcash falls
ASX 200 rise fades for third day running. Qantas ‘might have not survived’ without Alan Joyce and Richard Goyder: chair. WiseTech investors back founder’s reincarnation as consultant. Metcash profit warning. ResMed lifts on strong quarter earnings.
Richard White to stand down as WiseTech CEO
ASX 200 slips in cautious trading. WiseTech CEO resigns. CBA, Westpac rebuff flexible serviceability buffer call for home loans. Weak quarter weighs on Reece, Fortescue and Brambles. Super Retail tried to settle claims ahead of court fight. HMC lines up data play with $2bn Global Switch deal.
ASX 200 rises; WiseTech falls; Coles, Woolworths gain
WiseTech, MinRes billionaire actions on ASIC radar. Qantas jumps on Jefferies’ boost. Insurer QBE sued for allegedly misleading 500,000 customers. Nine-controlled Domain Holdings flags CEO change.
ASX 200 a sea of red; WiseTech rebounds
Bourse has $48bn wiped off. WiseTech rises as Richard White settles fight with ex-lover. MinRes dogged by founder concerns. Broker downgrade weighs on Metcash. Audinate, Iluka updates trigger selloff.
ASX rises; WiseTech, MinRes tank on CEO drama
Local shares rally after Friday’s sell-off as US remains resilient. WiseTech dives as Board investigates allegations against CEO Richard White. Retailers down as Nick Scali drops on profit warning. MinRes shares hit as Board backs CEO Chris Ellison amid investigation over alleged tax evasion. Vulcan issues profit warning.
ASX 200 retreats sharply from record high on broad-based falls; Flight Centre dives on profit warning
Local shares fall back sharply from record highs amid broad-based declines. Flight Centre dives on a profit warning. WiseTech continues to dive. Miners down on China disappointment. Telix plans Nasdaq listing. South Korean authorities eye Regal for alleged short-selling breach. Spot gold hits record high.
ASX 200 ends up 0.9pc at record high close
Perpetual hit with first strike. Stronger-than-expected jobs data may dash hopes of early rate cut. BHP iron ore production rises but China disappointment weighs. Regulator allows Star to keep Sydney licence. Uranium miners soar. WiseTech dives amid CEO scrutiny.
ASX 200 retreats from records; Woodside revenue jumps
Local sharemarket backs away from highs after US, China sell-off. AusSuper invests billions in US data center company. Woodside records 21pc revenue jump as production hits record.
ASX hitting record highs; RBA to cut in Feb: NAB
Sharemarket sets new highs after US gains. NAB revises rate cut prediction. Private equity circling wealth platform market. CBA says households cutting back spending. Tyro sinks on RBA review of card payments and surcharging.
Miners lead as ASX rises; Web Travel sinks 36pc on weak update
ASX 200 ends up 0.5 per cent amid gains in the US and China. TPG sells fibre, EGW assets to Vocus in blockbuster deal. Web Travel dives on update. New bosses at Lendlease, Pacific Smiles. BCA puts councils performing poorly on housing on chopping block.
ASX 200 flat; energy stocks strongest
Appen in $50m cap raise. US inflation stickier than expected, jobless claims jump. Oil, gold prices push higher. Richard White keeps selling down WiseTech stock amid court stoush. Macquarie downgrades Woodside.
ASX 200 trims gains; Arcadium top gainer
China launches $US70.60bn swap facility to boost stocks. Lithium stocks on a tear, led by Rio target Arcadium. Restaurant chain GYG dips despite strong quarter. Netwealth jumps on record quarter.
ASX 200 trims gains; Rio Tinto acquires Arcadium Lithium
Rio buys lithium player for $US6.7bn. Commodity price falls, China disappointment weigh on Aussie producers. NZ’s central bank cuts rate by 50 basis points, as expected. Shares in Cettire, Zip jump.
ASX 200 falls on China update; BHP leads mining reversal
Iron ore, copper futures, AUD down after China’s underwhelming economic update. RBA’s ‘step down’ in hawkishness evident in September minutes, but deputy governor Andrew Hauser says inflation job’s not done yet.
ASX 200 rises on banks; Arcadium top gainer
Rio Tinto’s takeover approach lifts Arcadium Lithium appeal. West African Resources drops on Burkina Faso mining concerns. Qantas may avoid second strike after proxy backing.
Miners drag on ASX 200; Woodside, Mesoblast up
US President Joe Biden triggers oil price jump. Mesoblast top gainer. Sinopec wants price review on APLNG deal. Platinum grants Regal access for higher offer. Ratings upgrade for Cochlear. Optimism underpinning latest Bendigo Bank, UBS forecasts.
ASX edges up as property stocks gain; Guzman y Gomez, Star fall
Property giants lift on ‘cheaper debt outlook’. Santos down despite oil price spike. Origin loses ground after abandoning hydrogen plans. Sell rating weighs on ‘overly ambitious’ Guzman y Gomez. IMF backs RBA’s tight stance.
ASX 200 dips; MinRes, Woodside and Newmont lead gains
Oil, gold stocks jump on Middle East conflict escalation. Jobs to go in Country Road restructure. SiteMinder insider’s $85.4m selldown. Kennett to retire after juice company merger. CEO changes at Collins Foods, KMD. CBA shuffles top deck.
ASX 200 lower on BHP, Rio shedding; Sigma lifts
Sigma rockets on ACCC compromise to get $8.8bn merger with Chemist Warehouse across the line. Treasury Wine caves in to proxy demand on CEO bonus. Warmest August since 1910 sees retail sales lift 0.7 per cent.
Original URL: https://www.theaustralian.com.au/business/trading-day/page/3