NewsBite

ASX 200 down; founder woes hit WiseTech, MinRes; Metcash, Audinate drop

WiseTech, MinRes dogged by founder concerns. Wine exports figures reflect China impact. Metcash a 'sell' on market erosion, growth hurdles. Audinate warns on profit amid 'headwinds'. AGMs at Suncorp, Transurban and Magellan.

David Rogers, Valerina Changarathil and Joseph Carbone
less than 2 min read
October 22, 2024 - 10:45AM
The Australian Business Network
Corporate updates and founder concerns at two of Australia's biggest companies are keeping equity investors busy this week. Picture: Gaye Gerard
Corporate updates and founder concerns at two of Australia's biggest companies are keeping equity investors busy this week. Picture: Gaye Gerard

Welcome to the Trading Day blog for Tuesday, October 22. The ASX 200 index is down 0.9 per cent to 8266.90 points at 10.45am AEDT with all sectors in the red. US indexes closed mixed.

The Aussie dollar is trading around US66.55c.

More Coverage

Beware false dawn on US economy, Macquarie warns
David Rogers

Originally published as ASX 200 down; founder woes hit WiseTech, MinRes; Metcash, Audinate drop

Add your comment to this story

To join the conversation, please Don't have an account? Register

Join the conversation, you are commenting as Logout

More related stories

Original URL: https://www.themercury.com.au/business/companies/asx-200-likely-to-fall-wisetech-minres-dogged-by-billonaire-founder-concerns/live-coverage/a6d62b5a9577ee8875ea0a6d33a07170