ASX up; 30pc of votes against Origin bid
Voting figures on Brookfield/EIG bid revealed. Core Lithium gets a first strike. Star buys time on Qld casinos licence suspensions. WiseTech, PWR Holdings, Select Harvests fall.
Voting figures on Brookfield/EIG bid revealed. Core Lithium gets a first strike. Star buys time on Qld casinos licence suspensions. WiseTech, PWR Holdings, Select Harvests fall.
A rebound in energy majors following a sell-off on Thursday saw the benchmark finish in the green on Friday.
Following a drop in oil prices after the delay of an OPEC+ meeting and a decline in iron ore prices, the Australian share market lost ground on Thursday.
Origin shares rise, has ‘significant reservations’ over proposal. AMP up on $100m class action settlement. Nick Scali CEO’s $50m selldown. First strikes for AV Jennings, Johns Lyng.
Stocks finish up 0.5 per cent, led by mining heavyweights BHP, Rio Tinto and Fortescue Metals. China’s market rallied as government sought to calm investor jitters.
Stocks have closed 0.7 per cent lower after NSW extends Covid lockdown until late August. Nickel Mines was the biggest loser on the ASX200, down 11 per cent. Inflation up 0.8 per cent in the June quarter.
There’s one thing we have that China needs – but the Asian superpower is now putting a plan in place which could devastate the Australian economy.
Stocks are set for a positive start after Wall Street hit record highs on Friday.
Stocks finish up 0.5 per cent after hitting record high during the trading session for a second day running. BlueScope rallied 6.7 per cent after forecasting annual underlying earnings of $1.72bn. OZ Minerals also rose sharply.
Comments by high-profile billionaires have helped cryptocurrency values surge just a week after a sell-off sparked by fears of the Delta covid variant.
Not every stock has joined the sharemarket party this year, and investing in the stragglers may be profitable. But be careful.
ASX 200 was restrained, but hit another record close. Star withdraws Crown offer. Iron ore tumbles 6pc. IAG in profit ‘miss’.
Australia’s sharemarket rose 1.1% to a record high close, with BHP leading the way, finishing up 3.1%.
Australia’s S&P/ASX 200 share index closed up 0.8% at 7308.7 points after hitting a 4-day high of 7354.8 on strong US gains.
Original URL: https://www.themercury.com.au/business/markets/page/197