ASX edges lower amid takeover frenzy
While the Australian share market lost ground on Monday, led by a fall in real estate stocks, billions worth of deals were lobbed or closed.
Markets
ASX down; Adbri, Link, Tabcorp rocket
ASX 200 closes slightly down. Barro, CRH lob $2.1bn Adbri deal. Link backs $1.1bn offer. Carnarvon CEO steps down. Pacific Smiles says $223m Genesis move ‘opportunistically timed’. Tabcorp wins Vic licence.
Mum ignored calls after $10m crypto error
Suddenly more than $10m richer after a bungle at Crypto.com, a couple ignored efforts to resolve the mistake fearing it was a “scam”, a court has been told.
Mum ignored calls after $10m crypto error
Suddenly more than $10m richer after a bungle at Crypto.com, a couple ignored efforts to resolve the mistake fearing it was a “scam”, a court has been told.
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ASX ends higher, WiseTech gains
ASX 200 closes up for the third day in a row on further gains in global risk assets. WiseTech shares soar, Afterpay down. Kerry Stokes to retire.
ASX closes up 0.2%, energy stocks gain
ASX ends 0.2 per cent higher as energy and materials stocks gain, offsetting falls in Ansell and NIB. Kogan drops 16 per cent. Bitcoin above $US50,000.
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.
Original URL: https://www.themercury.com.au/business/markets/page/200