ASX rises, has big monthly gain; Origin falls
ASX 200 has second best month of 2023. Origin rejects Plan B. Australian 7-Eleven business sold for $1.7bn. Guthrie ousted from Mighty Kingdom board. Iress soars.
Markets
Inflation shock a mixed bag for homeowners
Cash-strapped homeowners have been warned to not “let their hair down” yet, despite inflation falling faster than expected.
ASX climbs on soft CPI data
After fresh inflation data showed price pressures cooling faster than expected, the share market finished in the green on Thursday.
ASX gains but post-CPI rally fades
RBA tipped to hold rates next week after inflation cools more than expected. Strong Harvey Norman protest vote as sales slow. Fisher & Paykel, CSL, Temple & Webster among gainers.
More Stories
ASX closes 0.5% lower, BHP, Fortescue drop
The ASX 200 closed 0.5 per cent lower, extending its losses for a fourth day in a row. Unemployment falls to 13-year low. Newcrest record profit. Treasury Wine ups dividend. Origin, S32 losses.
ASX ends up 0.4%, CBA, Afterpay gain
ASX 200 snaps five day losing streak to close 0.4 per cent higher, led by CBA and Afterpay. Ampol lobs Z Energy bid. Qantas offers rewards campaign for fully vaccinated passengers. Bitcoin hits $US50,000
Move to ban Chinese slave labour
A proposed law to ban the import of goods made with forced labour threatens to put more pressure on Australia’s relationship with China.
How high can our stockmarket soar?
Shares have ignored Covid chaos to trade near record highs, but there are a few important things investors should remember.
ASX falls 5 days in a row, Cochlear drops
ASX 200 closes slightly lower. Iron ore futures rising. Cochlear guidance disappoints, Sydney Airport losses deepen, Stockland shares down.
BHP, CSL, Woodside weigh on ASX
ASX 200 closes down 0.1%. CSL, BHP, Woodside shares lower. Domino’s Pizza up 7%. Qantas makes jabs mandatory for workers.
ASX drops 0.9%, CBA, resource stocks fall
ASX finishes at lowest level in two weeks. Financial stocks including CBA and resource companies sold off. After market close, BHP and Woodside confirm $40bn petroleum merger. BHP to pay record dividend.
Crypto passes massive $2 trillion mark
Cryptocurrency passed a major milestone in market capitalisation – but it remains to be seen whether it will stay that way.
ASX falls 0.6%, Bendigo, Lendlease hit
Worst day in past 13; ASX 200 closes down 0.6% at two-day low. Bumper profits from JB Hi-Fi, BlueScope Steel. Sydney Airport rejects near $23bn bid. BHP, Woodside confirm $40bn asset merger talks.
Aussie company to fork out $40b
A Perth company is rumoured to be in a $40 billion merger with a competitor, so that it can keep up its top spot in the sector.
Original URL: https://www.themercury.com.au/business/markets/page/194