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S&P/ASX 200 closes in red, JB Hi-Fi, BlueScope profits jump, Sydney Airport rejects bid, BHP, Woodside confirm talks
Worst day in past 13; ASX 200 closes down 0.6% at two-day low. Bumper profits from JB Hi-Fi, BlueScope Steel. Sydney Airport rejects near $23bn bid. BHP, Woodside confirm $40bn asset merger talks.
Welcome to the Trading Day blog for Monday, August 16. The ASX 200 has finished 0.6% lower as investors dumped Bendigo and Adelaide Bank and Lendlease. A string of companies delivered bumper profits including BlueScope Steel and JB Hi-Fi as investors await key wage and jobs figures in the coming days. It's the worst day in the past 13.
Sydney Airport has rejected a sweetened bid. BHP confirms talks with Woodside on the details of a petroleum deal. Bendigo and Adelaide Bank shares tank.
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