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Trading Day: ASX ends down 0.2% at day's low

Stocks fall 0.2% in quiet trading as reopening stocks weaken, but Fortescue leads a rise in iron ore miners, NIB Holdings surges on positive trading update.

The share prices of big miners are poised to rise this week as iron ore closes on record highs. Picture: AFP
The share prices of big miners are poised to rise this week as iron ore closes on record highs. Picture: AFP
The Australian Business Network

Welcome to the Trading Day blog for Monday, April 26. The Australian sharemarket hovered around the flat line, with NIB soaring after an update but most sectors in the red. McGrath flagged rebound, Downer sold tyres business. Vitalharvest backed Macquarie offer.

Today's trade comes ahead of a busy week that will see quarterly production updates from Fortescue, Newcrest Mining and South32, as well as updates from grocery giants Coles and Woolworths, and a handful of IPO ­debuts.

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Original URL: https://www.theaustralian.com.au/business/trading-day/trading-day-asx-set-for-flat-start-eyes-on-iron-ore/live-coverage/a873808fba0866374b544651d2b10adb