ASX 200 rises after May retail sales beat; ACCC nod to Armaguard save; APA reveals Qenos closure hit; Booktopia in administration

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.

Discretionary items retailers have been warning of ongoing challenges as customers curb spending due to cost of living pressures. May retail sales data will give a measure of this reluctance. Picture: Gaye Gerard

Welcome to the Trading Day blog for Wednesday, July 3. The ASX 200 index closed 0.3 per cent higher to 7739.90 points.

The Aussie dollar is trading around US66.76c at 5.05pm AEST after the release of May retail sales figures.

Originally published as ASX 200 rises after May retail sales beat; ACCC nod to Armaguard save; APA reveals Qenos closure hit; Booktopia in administration

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