Investors pile into gold, bitcoin after US sell off; Nufarm extends losses
Shares extend falls after Wall Street's heavy losses. Wesfarmers well-placed to navigate uncertain economy: CEO. ACCC approves IAG's RACQ acquisition. Bitcoin hits new high.
Welcome to the Trading Day blog for Thursday, May 22. The ASX 200 is 0.5 per cent lower to 8348 points at 4pm AEST after heavy losses on Wall Street. Nine of the 11 sectors are down, led by energy, technology and property.
Cryptocurrency market leader bitcoin is higher, and breaking records, trading above $US111,000.
The Aussie dollar is around US64.41c.
Originally published as Investors pile into gold, bitcoin after US sell off; Nufarm extends losses
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