ASX 200 lifts as MinRes gains; Bellevue tanks
Investors welcome MinRes cash gains, price wins. Bellevue Gold downgraded on discounted equity raise. Inflation uptick may force RBA hike. Key exit triggers Cochlear executive rehaul.
Trading Day
ASX 200 hits two-week low; Fortescue, Macquarie fall
Senate committee to grill PwC CEO Kevin Burrowes, former bosses again. Commodities sink despite China rate cut. Fortescue misses guidance. ANZ suspends, sacks staff as market manipulation probe continues. Macquarie’s flat first quarter.
ASX dips; govt drafts merger laws, flags stronger ACCC
Flight Centre trims guidance. Treasurer announces “faster, stronger” draft merger reform legislation. Perpetual hit by $9bn outflows. Telix slumps on bonds, regulatory updates. ASIC concerned over private market pump-up.
ASX snaps losing streak; Woodside leads poor energy sector
Tech sector leads ASX turnaround. Woodside reveals subdued quarter, upped Scarborough cost. Lynas suffers low output, falling prices. Warehouse NZ confirms Adamantem bid.
ASX hit by US weakness, profit fears
The sharemarket has closed in the red for a third day, hurt by US losses and profit fears. Woodside snaps up Tellurian. NZ retail chain The Warehouse buyout potentially on horizon. Iress jumps on updated guidance. South32 smashed on $500m-plus impairment.
CrowdStrike issue has been ‘identified, isolated and a fix has been deployed’
CrowdStrike chief executive George Kurtz said late on Friday a ‘defect found in a single content update for Windows hosts’ caused the outage that struck millions of people across the globe and dozens of Australian companies.
ASX 200 slips after tech selloff; jobs market ‘relatively tight’
Domino’s Pizza sinks on store closures. SkyCity to close NZ casino for five days, lose $NZ5m in deal. Telix falls despite guidance upgrade. Unemployment rate rises to 4.1pc. RBA should ‘rip band-aid off’ and hike rates: VanEck.
ASX 200 soars to record high on broad-based gains
Gas like ‘life insurance’ in Labor plan: Bowen. BHP’s record WA iron ore shipments. Maintenance fails cause of Callide tower collapse. Qantas Super to merge with ART. DroneShield dives again. Zip’s debt raise.
ASX 200 slips as iron ore miners weigh; DroneShield halts
DroneShield shares hit an all-time high before a 22 per cent drop after negative report. AEMO chief warns nuclear will take too long. Rio preps for $US6.2bn Simandou spend. IGO flags up to $295m nickel blow. Ex-RBA boss Lowe turns ASX punter.
ASX 200 hits new record close; Lifestyle Communities, ABB fall
China GDP slows more than expected. Aussie Broadband dives. CBA’s new intraday record: $133.30. Lifestyle Communities tanks on VCAT allegations. Rio, BHP rise on Canadian dealmaking reports.
ASX hits record high; CBA exceeds BHP market cap
CBA’s new intraday record: $131.70. Glencore ‘monitoring’ WA nickel operations as Lynas, Alliance Aviation assess ripple impact of BHP suspension. ACCC sifts through Brookfield’s $10bn Neoen play. Turmoil on board at Rex Airlines. Cettire jumps.
ASX 200 lifts in a sea of records; BHP suspends nickel operations
BHP suspends nickel operations, citing global oversupply. Telix Pharma lifts on US payment changes. CBA breaks record price. Insignia boss overhauls executive ranks. White knight found for HS Fresh Food. Synlait soars as China rescue plan sails through.
ASX 200 down; Telstra gains; Insignia down
Incitec’s $900m buyback after Indonesian takeover fails. Insignia down after dismissing private equity interest speculation. China inflation tepid amid lacklustre demand. Reserve Bank of NZ holds cash rate, sees inflation back to target by December.
ASX 200 ends up 0.9pc at 3-day high
Australia’s sharemarket rebounds strongly on light volume as US futures add to slightly positive offshore leads, Telstra surprises with hefty price increases and banks soar with CBA hitting a record high.
ASX 200 ends down on mining, energy falls; Rex Minerals soars 56pc
Indonesian group lobs $393m Rex Minerals bid. Premier-Myer tie up a winner: Citi. Ramelius’ record FY24 gold haul. Suncorp downgraded on La Nina risk. A2 Milk yet to back Bright lifeline: Synlait.
ASX 200 dips as miners offset health gains; Santos down
Saudi Aramco dismisses ‘inaccurate’ Santos takeover report. Samsung flags 15-fold profit jump. Bitcoin down. NIB reassures on cover amid public St Vincent’s brawl.
ASX 200 lifts; Santos jumps on takeover interest
Middle East takeover talks may lure other Santos bidders. $1bn Lendlease, Stockland deal hits ACCC hurdle. Magellan June flows mixed, funds under management slip. Seven’s retention bonus for Boral CEO.
ASX 200 rises; retailers slip
May retail sales, building approvals higher than expected. ACCC’s interim nod to Armaguard save. Booktopia enters administration. AusSuper’s ‘solid’ returns. APA flags $145m Qenos hit.
ASX 200 lower after RBA minutes; Liontown’s $379m Korean deal
RBA minutes show narrowing path to normal inflation. Liontown soars on Kathleen Valley funding, offtake deal with LG Energy. Union hails ‘bittersweet’ Bonza liquidation.
ASX 200 falls on tech losses; Lendlease soars
Anglo fire lights up rival coal miners. Brambles US chief to exit in six months over ‘cultural differences’. Lendlease to sell US military business for $480m. WiseTech billionaire’s $139.5m June selldown.
ASX 200 lifts as ANZ, Suncorp gain on deal
Nine staff pass motion of no confidence against CEO after job cuts revealed. ANZ, Suncorp Bank gain on deal completion. IAG secures earnings volatility cover. Adore Beauty buying iKOU for $25m. Mirvac’s $2bn Sydney tower gets backer.
ASX rebounds from four-week low; property worst
ASX rebounds strongly after big fall. Seven West YouTube accounts hacked. Austal chair John Rothwell hands reins to ex-US Navy official next week. Ramelius’ $87.7m Spartan buy-in. US futures dive on Micron fall.
ASX falls; Aug rate hike bets rise
Inflation rose 4 per cent in 12 months to May; RBC, NAB push back cut call. August rate hike: Deutsche, UBS. AUD jumps. Harvey Norman tanks. Star lifts on Steve McCann as CEO.
ASX has best day in six weeks; CBA record
CBA soars, sets itself to defend class action appeal. Ex-Seven boss joins tech micro-cap. KFC operator Collins Foods rises on earnings beat. Healius rebounds from downgrade falls.
ASX falls; Cettire drops 49pc; RMD falls
Cettire trading warning hits hard. ResMed’s big fall a drag on the bourse. Myer soars on move to buy Premier’s apparel business. Star’s troubles continue as interim CFO takes on acting CEO responsibilities.
ASX jumps late; CBA retreats; MinRes dives
CBA down after intraday high. MinRes’ ‘stressed balance sheet metrics’ weighs. City Chic’s half-price raise. Guzman y Gomez falls. KMD sees ‘prolonged’ sales impact. Cash Converters ‘running down’ auto arm.
ASX flat as Guzman rockets
Fast food chain Guzman y Gomez hits high of $30.60 on listing. City Chic flags loss as sales dive. VanEck Bitcoin ETF debuts. Treasury Wine down on guidance miss. Cyan lifts MMA Offshore bid.
ASX rallies late; energy best-on
Helia’s CBA contract update weighs. Beach hit with downgrades. Brookfield puts Aveo on market. QBE US restructuring dampens sentiment. Guzman y Gomez debuting Thursday.
ASX gains; RBA ‘discussed case’ for hike
RBA leaves rates on hold. Eagers Automotive director ends hiatus. City Chic halts as Blundy interest grows. Beach targets more cuts. CBA hits intraday high after Regal’s short reveal. Fortescue block trade weighs.
ASX 200 dips; Tabcorp lifts on Gill news
Ex-AFL boss McLachlan to take Tabcorp reins. China house price falls may pressure iron ore prices. Integral, Capital lock merger talks. Temasek’s $300m stake play with Betashares. Billionaire’s $62.8m selldown.
Original URL: https://www.theaustralian.com.au/business/trading-day/page/7