ASX live coverage: ASX 200 hits record high before jobs data beats estimates
Perpetual hit with first strike. Stronger-than-expected jobs data may dash hopes of early rate cut. BHP iron ore production rises. Regulator allows Star to keep Sydney licence. Uranium miners soar. WiseTech dives amid CEO scrutiny.
Welcome to the Trading Day blog for Thursday, October 17. The ASX 200 rose as much as 1.2 per cent to a record high of 8384.5 in early trading. It has since retreated to be up 0.7 per cent at 8338.5 points at 2.55pm AEDT as bond yields spiked on stronger than expected employment data and as China's property policy briefing underwhelmed its financial markets.
The Aussie dollar is trading around US66.84c.
Originally published as ASX live coverage: ASX 200 hits record high before jobs data beats estimates