ASX 200 rises; Megaport, Collins, G8 dive; Medibank, Sonic, Qube results; US Fed minutes signal Sep rate cut
Weak guidance weighs on Megaport. Collins Foods' first-half earnings warning. Dividend surprise lifts Northern Star. Super Retail hits record high on special dividend amid scandal. Richard White adds $1bn more to his coffers.
Welcome to the Trading Day blog for Thursday, August 22. The ASX 200 index closed 0.2 per cent higher to 8027 points, with tech stocks strongest. US indexes gained on hopes of a bigger September US rate cut.
The Aussie dollar is around US67.44c at 5.10pm AEST.
Originally published as ASX 200 rises; Megaport, Collins, G8 dive; Medibank, Sonic, Qube results; US Fed minutes signal Sep rate cut
Updates
Alliance bucks trend with record year and ‘better to come’
Just like Rex, Alliance Aviation saw the opportunity to expand its fleet during the Covid pandemic but while one airline failed spectacularly, the other soared to new heights.
Aussie shares flat with all eyes on Israel
The sharemarket inched higher on Thursday as investors braced for Israel’s response to Iranian missile and terror attacks and the release of crucial US jobs data.