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.
Trading Day
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.
ASX 200’s worst week since mid-April; Deterra falls
Optus preps for ACMA court fight over 2022 hacking. Telix Pharma won’t pursue US IPO. Deterra’s UK buy, div policy change weighs. McLachlan wooed for Tabcorp CEO role.
ASX 200 rises; Sigma, Aust Vintage drop
The S&P/ASX200 closes up 0.44 per cent to 7,749.70. RBA’s wait and watch continues with May unemployment rate at 4 per cent. Horror day for winemaker Australian Vintage. Sigma-Chemist union hits ACCC hurdle. ASX Ltd tanks on costs blowouts.
ASX 200 falls 0.5pc before key US events; Woodside rises
ASX 200 down for a second day before US inflation data and the Fed’s interest rate decision. Upgrade boosts Woodside. Nickel Industries dives. SkyCity Adelaide licence probe resumes. China inflation data mixed.
ASX drops; ANZ shifts rate cut to Feb
The local sharemarket has closed sharply in the red on market concerns that US and Australian interest rates will stay higher for longer.
ASX 200’s two-week high; CBA’s intraday record
CBA hits all-time high. Nine board meets over Costello fracas. Hanwha, Austal in break fee dispute. Life360 falls after US IPO. RBA deputy governor speaks at Aus Economic Outlook lunch.
ASX lifts on CBA record; Northern gets first strike
Tech sector leads gains as dismal updates from SkyCity, IDP weigh. Chinese businessman Wu Tao’s attempt for a board seat at Northern Minerals fails. Fortescue lobs ‘misuse’ claims against ex-staff.
Treasurer sees ‘difficult’ June quarter; ASX up
March quarter GDP slower than expected. Incoming Crown chair will also head Balmoral Group. Xero dives on convertible note offering, block trade. Medibank falls as Australian Information Commissioner sues.
ASX 200 drops on mining, energy falls
Local sharemarket sees late sell-off as volatile commodity prices weigh. Peter Warren shareholder buys the dip. Country Road CEO keeps job. Lovisa hit with fresh downgrades. Virgin ex-CEO Borghetti to chair Crown.
ASX up 0.8pc; APM jumps, Lovisa down
ASX 200 adds 0.8pc as US futures point to further US gains and RBA can breathe easier after wage decision. But Iron ore futures dive to six-week low. Lovisa taps Smiggle boss as next CEO. APM soars as Affinity emerges as mystery suitor. Booktopia CEO out in cost-cutting restructure.
ASX 200 ends up 1pc; Guzman IPO
Guzman y Gomez to list with $2.2bn value. Telix jumps on cancer drug ‘signal’. Household savings hit fresh record. Rival offer may revive BHP’s Anglo bid: Morningstar. CSL to help US stockpile avian flu vax.
ASX 200 falls; Sigma gets first strike
Ex-Origin suitor Brookfield in talks to buy Neoen for $9.98bn. Sigma eyes Chemist savings, awaits ACCC call. BHP abandons Anglo American bid. Eagers’ billionaire Nick Politis buys the dip.
ASX all red; BHP’s last-gasp olive branch
April inflation higher than expected. BHP makes case to continue Anglo American takeover talks. IAG sued for alleged deceptive conduct. Fortescue down on Jarden rating. MA Financial narrowly avoids first strike.
ASX 200 closes down; Boss Energy dives
ASX finishes lower on quiet day of trading as April retail sales come in below forecasts. Peter Warren issues profit warning. Southern Cross Media considering ACM proposal. Boss Energy hit by CEO, chair selloff.
Original URL: https://www.theaustralian.com.au/business/trading-day/page/8