ASX flat as large caps offset tech loss
An advance in large cap stocks made up for losses in real estate and tech stocks, with the benchmark unchanged on Wednesday.
Markets
ASX ends flat; Lovisa gets big first strike
Takeovers Panel finds against Bell Rock on Whitehaven. Healius shares off 33 per cent after raise. Protest vote against Medibank director. Downer avoids second strike.
ASX climbs despite grim rates warning
Despite a fresh warning the RBA is still prepared to hike interest rates, markets were buoyed from a rally by iron ore miners.
ASX 200 gains; first strike for Fortescue
RBA ‘resolute’ on CPI returning to target. Backlash against payouts to former Fortescue execs. Pro Medicus founders’ $176m selldown. AGL avoids second strike as Cannon-Brookes demands climate action.
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ASX ends down after 1.2% dip
Stocks recovered nearly all their early losses by lunch but closed in the red. Blow for Crown, BHP record quarter, JB Hi-Fi surges, Santos in Oil Search merger offer.
ASX biggest fall in four weeks
ASX 200 suffers biggest one-day fall in the past four weeks, down 0.9% at the close. Oil Search boss quits. Super funds booming. Rents rising fast. Altium, Nick Scali respond to reports.
ASX closes up, US futures recover
ASX 200 closes up 0.2% at an intraday high of 7348.1, jumping 11 points in the closing single price auction.
ASX200 slips as VIC locks down
Australia’s share market weakened as Victoria confirmed a five-day lockdown starting at midnight Thursday.
ASX ends +0.3% amid M&A speculation
M&A speculation and a rebound in consumer confidence helped Australia’s share market rise slightly despite weaker offshore markets, sharp falls in the BNPL sector and worsening Covid news.
Australia’s sweet revenge against China
China’s brutal tactic against Canberra has backfired spectacularly, with Australia holding firm and continuing to reap the rewards.
ASX200 ends flat after early jump
The ASX 200 closed flat after an early jump. Lockdowns, Covid restrictions delivered a major blow to business confidence. AustralianSuper CEO to step down.
ASX200 ends up 0.8%; BHP +3.2%
Australian shares rose strongly on light volume after China’s liquidity boost late Friday boosted global markets and investors brushed off Sydney’s worsening Covid outbreak and the prospect of an extended lockdown.
Food item probed amid safety concerns
A food additive used in everyday Aussie products is under the microscope after the European watchdog found it unsafe.
Original URL: https://www.themercury.com.au/business/markets/page/198