FINWIRES · TerminalLIVE
FINWIRES

ASX 200

343 stories mentioning ASX 200

Every FINWIRES story that references ASX 200, newest first.

International

Asia Week Ahead: Central Bank Decisions; Inflation; and Trade

The week ahead in Asia will be packed with a number of central bank decisions and macroeconomic data, with investors set to track the impact of the Middle East conflict on regional economies.The economic calendar starts quietly on Monday with services activity data from Japan, whole inflation figures from India and New Zealand's services PMI.Activity picks up Tuesday as the Reserve Bank of Australia and Bank of Japan announce policy decisions, while China releases a batch of closely watched activity indicators.Wednesday shifts the focus to trade, with Japan and Singapore due to report May figures.Thursday brings a cluster of central bank decisions from Taiwan, Indonesia and the Philippines, with New Zealand's first-quarter GDP and Thailand's trade data also on deck.Friday rounds out the week with inflation data from Japan and Malaysia, with New Zealand reporting trade numbers.Here's what to watch in the week ahead.MONDAY, June 14The week was off to a relatively light start with a handful of releases from India, New Zealand, and Japan.Japan released its tertiary industry activity index for April, a measure of change in the total value of services provided and consumed by the country's service sector.The index rose a seasonally adjusted 1.3% month on month, reversing from a 0.6% decline in the prior month and recording its first increase in three months.It also beat the Trading Economics forecast of a 0.5% increase.In New Zealand, the BusinessNZ Performance of Services Index fell to 47.5 in May from a downwardly revised 48.7 in April, marking a fourth straight month of contraction in the services sector. Trading Economics said the decline came as the Iran war weighed on business activity.India's annual wholesale price index (WPI)-based inflation rate rose to 9.68% year over year in May. The reading was higher than the consensus forecast of 9.10% tracked by Investing.com and compared with an 8.26% pace recorded in the prior month.Later Monday, India reports unemployment stats for May.TUESDAY, June 16Macro activity picks up Tuesday with central bank decisions scheduled in Australia and Japan, and a slew of monthly data from China.The Reserve Bank of Australia is expected to hold the official cash rate steady at 4.35%, according to a Trading Economics consensus.Economists at National Australia Bank said the latest decision would mark the end of the tightening cycle, with the next move likely down and now expected in the second quarter of 2027.In contrast, the Bank of Japan is forecasted to raise interest rates by 25 basis points to 1%, according to a Trading Economics consensus estimate.Bloomberg reported earlier June that the central bank was considering raising the policy rate amid high uncertainties over the Middle East conflict. Officials were expected to sift through as much data as possible until the last minute before making a final decision, though the decision to raise rates was unlikely to be unanimous, according to the report.China's industrial production and retail sales stats will also be in the news, alongside monthly unemployment and housing price data.Markets will review the figures to gauge how well the country's economy is faring amid the Middle East conflict. According to the Wall Street Journal, the data is likely to indicate overall improvement and economic resilience despite the macro headwinds.Hong Kong will report unemployment data the same day, while trade stats will be in focus in India and South Korea.In New Zealand, markets will await food inflation data which is expected to show "modest increases," according to CommBank.WEDNESDAY, June 17Focus shifts Wednesday to trade data from Singapore and Japan.Japan is expected to record a trade deficit of 564.6 billion yen in May, reversing from a 301.9 billion yen surplus a month earlier, according to a Trading Economics consensus.Wednesday will also bring the Reuters Tankan Index for June, a key gauge of Japanese business confidence, along with monthly machinery orders data.Meanwhile, Singapore's trade surplus is expected to narrow to $7 billion in May from $13.07 billion in April, according to Trading Economics. The city-state is also due to release monthly non-oil export data.A forward-looking report from Westpac capturing consumer confidence in New Zealand is also scheduled for Wednesday.THURSDAY, June 18Central banks across Taiwan, Indonesia and The Philippines will meet for interest rate decisions Thursday.Bank Indonesia will be in focus after it unexpectedly raised interest rates by 25 basis points earlier this month to support the rupiah.While some economists expect the central bank to deliver another 25 basis point hike, ING expects Bank Indonesia to hold rates steady and instead prioritize alternative measures to attract foreign capital inflows and stabilize the currency.The Philippines' central bank, Bangko Sentral ng Pilipinas, is widely expected to raise its benchmark rate by 25 basis points to 4.75% amid persistent inflationary pressure, according to a Trading Economics consensus.Meanwhile, Taiwan's central bank is expected to hold rates steady at 2%. ING said it will be monitoring the Central Bank of the Republic of China's press conference for clues on a possible rate hike in the third quarter.Elsewhere, New Zealand will report its first quarter gross domestic product growth rate. CommBank said it expects quarterly growth to reach 0.8%, shy of the Reserve Bank of New Zealand's 1% forecast.While the economy started 2026 with a decent moment, there will be "pockets of weakness" highlighting that economic recovery was a "bit patchy," CommBank said in a preview.Lastly, Thursday will feature Thailand's trade figures for May.FRIDAY, June 19The week rounds off with closely watched inflation data from Japan.According to ING, May's consumer prices could record a rise of 1.6% year on year, accelerating marginally from 1.4% in April. The subdued increase would reflect government measures, though price pressures are likely to broaden, ING said.Malaysia's headline inflation, also due the same day, is similarly expected to show a marginal rise to 2% year-on-year in May from 1.9% in April due to government fuel subsidies and stable food prices, the Wall Street Journal reported, citing DBS.Malaysia will additionally report monthly trade figures on Friday, while Macao will release monthly inflation data the same day.Trade figures from New Zealand will also feature Friday. According to a Trading Economics consensus, New Zealand's May trade surplus could narrow to NZ$875 million from NZ$1.92 billion a month earlier.South Korea's producer price inflation will also be among the highlights of the day.

ASX 200^BSEHang Seng^JKSEFTSE Bursa Malaysia KLCIKOSPINikkei 225Nifty 50^NZ50^PSEIM^SETShanghai Composite^STI^SZSETaiwan Weighted
Asia

Australian Shares Rally; Vault Minerals on Track to Deliver Fiscal Year 2026 Gold Production Guidance

Australian shares continued their rally on Monday after the US and Iran said they had reached a deal to reopen the critical Strait of Hormuz.The S&P/ASX 200 Index jumped 1.25%, or 110 points, to close at 8,914.US President Donald Trump said that the US and Iran would sign the agreement on Friday, and the Strait of Hormuz would open. Brent crude oil fell over 4% to around $83 per barrel.On the domestic front, capital city housing prices in Australia are forecast to fall 2.1% this year and 3.3% in 2027, ANZ Research said. The bank had previously forecast 2.8% growth in 2026 and 2.1% in 2027. It attributed the reduction in forecasts to a combination of global uncertainty, three consecutive cash rate hikes, and recent housing policy changes, which have led to a sharper-than-expected slowdown in the housing market.In company news, Vault Minerals (ASX:VAU) is on track to deliver fiscal year 2026 gold production guidance of 332,000 to 360,000 ounces after achieving production of 306,542 ounces in the fiscal year to date through May.Woodside Energy Group (ASX:WDS) confirmed in a bourse filing that it is not engaged in talks on a potential transaction with Exxon Mobil after media reports said it was among several potential acquisition targets being evaluated by the US energy giant.Ora Banda Mining (ASX:OBM) entered into a AU$233 million engineering, procurement, and construction contract with GR Engineering Services (ASX:GNG) to deliver a 3 million tonnes per annum processing plant at Ora Banda Mining's Davyhurst Mill Expansion Project in Western Australia.

ASX 200ASX:GNGASX:OBMASX:VAUASX:WDS
International

Australian Capital City Housing Prices Forecast to Fall in 2026, ANZ Says

Capital city housing prices in Australia are forecast to fall 2.1% this year and 3.3% in 2027, ANZ Research said in a report on Monday.The bank had previously forecast 2.8% growth in 2026 and 2.1% in 2027. It attributed the reduction in forecasts to a combination of global uncertainty, three consecutive cash rate hikes, and recent housing policy changes which have led to a sharper than expected slowdown in the housing market.Housing prices in Sydney and Melbourne are expected to fall around 8% in 2026, with prices at a nine-month low in Sydney and a 12-month low in Melbourne. A price correction in Adelaide in South Australia is seen to lead to prices falling 6.4% in 2027.Prices are expected to partly recover in 2028, rising 3.8%, supported by 50 basis points of forecast rate cuts from the Reserve Bank of Australia in late 2027.Meanwhile, investor housing credit growth is expected to decline from a likely peak of more than 10% year over year in the June quarter to negative 0.8% in the first quarter of 2028, ANZ said. Total housing credit growth is expected to ease sharply to a low of 2.9% year over year in early 2028, from 7.1% in the March quarter.Over the medium term, a structural shift is expected in the composition of housing credit, with owner-occupier credit becoming a stronger source of growth.Total private sector credit growth should moderate to 4.2% by the March 2028 quarter from 7.8% in the March quarter before moving higher over the remainder of 2028, per the report.Business credit growth is forecast to slow to 6.6% year over year by the end of 2027 before recovering in 2028. Personal credit growth is seen easing to a low of 1.4% year over year in early 2028, the report said.

ASX 200
Asia

ASX Midday Sector Update: Materials Stocks Jump, Energy Sector Falls

Materials stocks advanced nearly 4% at midday Monday.BHP Group (ASX:BHP) gained more than 3% in recent trade.On the flip side, the energy sector struggled, shedding almost 4%.Woodside Energy Group (ASX:WDS) shares were down nearly 4% in recent trade after confirming it is not engaged in discussions on a potential acquisition with Exxon Mobil.

ASX 200ASX:BHPASX:WDS
Asia

ASX Preview: Australian Shares Set to Rise After US-Iran Peace Deal; Atlas Arteria Says IFM Global Unit Raises Takeover Offer

Australian shares are poised to rise on Monday after US and Iranian officials agreed to a peace framework to end their conflict and reopen the Strait of Hormuz, triggering a sharp drop in oil prices and lifting global risk sentiment.On June 12, the S&P 500, the Nasdaq Composite, and the Dow Jones Industrial Average rose 0.5%, 0.3%, and 0.7%, respectively.In the macroeconomy, investors are eyeing the Reserve Bank of Australia's interest rate decision on Tuesday.In corporate news, Atlas Arteria (ASX:ALX) said IFM Global Infrastructure Fund subsidiary Diamond Infraco 1 has increased its takeover offer to AU$5.10 per security from AU$4.75 and declared it "best and final."ASX (ASX:ASX) has settled Federal Court proceedings with the Australian Securities and Investments Commission (ASIC) over misleading 2022 statements about its Chess replacement project, admitting a breach of the ASIC Act and agreeing to pay AU$20.5 million in penalties plus AU$3 million in legal costs, subject to court approval.Telstra Group (ASX:TLS) is in focus as investors weigh its outlook after SpaceX's June 12 listing.Australia's benchmark index rose nearly 2% or 170.8 points to close at 8,804 on June 12.

ASX 200ASX:ALXASX:ASXASX:TLS
Asia

Australian Shares Rally; Magellan Financial Gets ACCC Approval for Barrenjoey Merger, Plans Group Rebranding

Australian shares rallied on Friday, following stocks on Wall Street higher, as investors reacted to rising hopes of a peace agreement to end the conflict in the Middle East.The S&P/ASX 200 Index jumped 1.98%, or 170.80 points, to close at 8,804.US President Donald Trump said the US had cancelled planned strikes against Iran, and that the US and Iran could sign a peace agreement as soon as ​this weekend. He said negotiations with Tehran had advanced to the highest ⁠levels of Iran's leadership. Brent oil futures fell to around $88 per barrel.Overnight, the S&P 500 rose 1.8%, the Dow Jones Industrial Average gained nearly 1.9%, and the Nasdaq Composite rose 2.5%.On the domestic front, the number of seasonally adjusted filled jobs in Australia was unchanged from initial data, according to a report released by the Australian Bureau of Statistics. Filled jobs rose 0.6% to 16.2 million in the March quarter, following a 0.3% increase in the December 2025 quarter. Total jobs rose 0.7% to 16.5 million, while job vacancies were up 5.2% to 344,000.In company news, Magellan Financial Group (ASX:MFG) said the Australian Competition and Consumer Commission approved the company's merger with Barrenjoey Capital Partners. Magellan expects to complete the merger in early July, and it plans to seek shareholder approval at an Oct. 22 meeting to change its name to Barrenjoey Group.Monash IVF Group (ASX:MVF) now expects fiscal year 2026 underlying net profit after tax of AU$17 million to AU$18 million. It earlier guided for a full fiscal year underlying net profit after tax of AU$20 million. The outlook cut is driven by lower-than-expected activity in the Australian assisted reproductive technology market in the fiscal second half.Lastly, ANZ Group Holdings (ASX:ANZ, NZE:ANZ) said that ANZ Bank New Zealand Chief Executive and ANZ Bank group executive Antonia Watson will retire, effective Sept. 30. ANZ Bank New Zealand Chief Risk Officer Ben Kelleher was named as her successor, subject to Reserve Bank of New Zealand non-objection and other regulatory engagement.

ASX 200ASX:ANZASX:MFGASX:MVFNZE:ANZ
Asia

Update: ASX Biggest Losers

(Updates to add tickers)Here are the ASX-listed companies with the biggest losses on Friday:Energy Resources of Australia (ASX:ERA): -20%, AU$0.002United Overseas Australia (ASX:UOS): -6%, AU$0.68Tamboran Resources (ASX:TBN): -7%, AU$0.22REA Group (ASX:REA): -4%, AU$141.51News Corp (ASX:NWS): -4%, AU$42.45Viva Energy Group (ASX:VEA): -4%, AU$2.24DigiCo Infrastructure REIT (ASX:DGT): -4%, AU$2.43Tuas (ASX:TUA): -3%, AU$2.62Anteris Technologies Global (ASX:AVR): -3%, AU$13.08Beach Energy (ASX:BPT): -2%, AU$1.06

ASX 200ASX:AVRASX:BPTASX:DGTASX:ERAASX:NWSASX:REAASX:TBNASX:TUAASX:UOSASX:VEA
Asia

ASX Biggest Losers

Here are the ASX-listed companies with the biggest losses on Friday:Energy Resources of Australia (ASX:ERA): -20%, AU$0.002United Overseas Australia (ASX:UOS): -6%, AU$0.68Tamboran Resources (ASX:TBN): -7%, AU$0.22REA Group (ASX:REA): -4%, AU$141.51News Corp (ASX:NWS): -4%, AU$42.45Viva Energy Group (ASX:VEA): -4%, AU$2.24DigiCo Infrastructure REIT (ASX:DGT): -4%, AU$2.43Tuas (ASX:TUA): -3%, AU$2.62Anteris Technologies Global (ASX:AVR): -3%, AU$13.08Beach Energy (ASX:BPT): -2%, AU$1.06

ASX 200
Asia

ASX Biggest Gainers

Here are the ASX-listed companies with the biggest gains on Friday:Minerals 260 (ASX:MI6): +13%, AU$0.85Pantoro Gold (ASX:PNR): +12%, AU$2.57Develop Global (ASX:DVP): +10%, AU$6.90PLS Group (ASX:PLS): +9%, AU$6.46Elevra Lithium (ASX:ELV): +9%, AU$11.65Genesis Minerals (ASX:GMD): +9%, AU$5.24Bellevue Gold (ASX:BGL): +9%, AU$1.33Almonty Industries (ASX:AII): +9%, AU$24.04Imdex (ASX:IMD): +9%, AU$4.01Sandfire Resources (ASX:SFR): +8%, AU$19.88

ASX 200ASX:AIIASX:BGLASX:DVPASX:ELVASX:GMDASX:IMDASX:MI6ASX:PLSASX:PNRASX:SFR
International

RBA Expected to Keep Cash Rate Unchanged at June Meeting, Westpac Says

Westpac affirmed its existing expectation that the Reserve Bank of Australia's (RBA) monetary policy board will keep the cash rate unchanged at its June meeting, according to a Friday report.The preceding three rate hikes have given the central bank space to assess the trends of consumers and housing markets versus high inflation pressures as well as a boom in data centers and related investment.A lower peak for oil and, thus, petrol and diesel prices lowers the peak for headline inflation to 4.7% from 5%, the bank said, noting that this slightly lower track for underlying inflation is still higher than the RBA's own forecasts. Headline inflation is expected to reach 4.4% on an annual basis in the second quarter.Meanwhile, trimmed mean inflation was revised marginally lower across the second, third, and fourth quarters, lowering the peak in the year-ended rate to 3.8% from 4%. It is expected to return to the RBA's target band by the end of 2027 at 3% and ease to 2.4% by the end of 2028. It continues to see significant pass-through from higher fuel costs into some other prices.The bank continues to assume shipping from the reopening of the Strait of Hormuz and Gulf oil supply normalization will rise to around 10% of normal levels by end-June, with full normalization not occurring until mid-2027.

ASX 200
Asia

ASX Midday Sector Update: Materials Stocks Jump, Energy Sector Falls

Materials stocks advanced nearly 4% at midday Friday.BHP Group (ASX:BHP) gained 3% in recent trade.On the flip side, the energy sector struggled, shedding 1%.Woodside Energy Group (ASX:WDS) shares fell almost 2% in recent trade.

ASX 200ASX:BHPASX:WDS
International

Market Chatter: HSBC Expects Australian Central Bank to Hold Rate at Upcoming Meeting

HSBC sees an increased risk of contraction in the Australian economy and expects the Reserve Bank of Australia (RBA) to hold interest rates at their current level at its upcoming policy meeting this month, the Australian Financial Review reported Friday."Although there is some risk the RBA might choose to hike again beyond [June], we expect the weakening in growth to convince them to be on hold," HSBC chief economist Paul Bloxham reportedly said.HSBC now anticipates rate cuts to start from the third quarter of 2027 with inflation forecast to decline through late 2026 and next year. The bank also expects Australia's gross domestic product to fall in the current quarter after posting only marginal growth of 0.3% in the previous quarter, according to the report.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

ASX 200
International

Filled Jobs in Australia Remain Steady From Initial March Quarter Data

The number of seasonally adjusted filled jobs in Australia was unchanged from initial data, according to a report released by the Australian Bureau of Statistics on Friday.Filled jobs rose 0.6% to 16.2 million in the March quarter, following a 0.3% increase in the December 2025 quarter.Total jobs rose 0.7% to 16.5 million, while job vacancies were up 5.2% to 344,000.Main jobs rose 0.6% to 15.1 million, while secondary jobs also increased 0.6% to 1.1 million in March.The industries with the highest number of secondary jobs were healthcare and social assistance, administrative and support services, and education and training, per the report.

ASX 200
International

RBA Expected to Hold Cash Rate Steady at 4.35% With Policy in Restrictive Territory, BofA Securities Says

The Reserve Bank of Australia (RBA) is expected to hold the cash rate at 4.35% at its June meeting, following three consecutive hikes that have taken policy into restrictive territory, BofA Securities said in a Thursday note.Higher rates are weighing on households and businesses, particularly given the large share of borrowers on variable rate mortgages, the investment firm said. Housing momentum is softening, consumer and business sentiment remains weak, and the labor market continues to soften.However, inflation remains high, and the extent of second-round spillovers is still uncertain.The firm priced in around 20 basis points of RBA rate hikes by December, but there is scope for this to be pared back if the governor places greater weight on signs that tighter policy is cooling the labor market and household spending, signaling that policy is sufficiently restrictive.A unanimous decision to hold would reinforce the view that the RBA is likely to remain on hold for the foreseeable future, BofA said. Meanwhile, the main risk is a second quarter inflation overshoot, triggering an August hike.

ASX 200
Asia

ASX Preview: Australian Shares Set to Rise; Bathurst Resources Says New Zealand High Court Dismisses Talley's Group Derivative Lawsuit Bid

Australian shares are poised to rise on Friday, mirroring gains on Wall Street, after US President Donald Trump said the US had cancelled planned strikes against Iran, and that the US and Iran could sign a peace agreement as soon as ​this weekend.Overnight, the S&P 500 and the Dow Jones Industrial Average gained nearly 2%, while the the Nasdaq Composite rose 2.5%. Meanwhile, Brent oil futures fell below $89 per barrel.In the macroeconomy, investors are eyeing the release of the labor account report at 11:30 am Sydney time.In corporate news, Bathurst Resources (ASX:BRL) said a New Zealand court has dismissed Talley's Group's attempt to bring a derivative lawsuit involving Bathurst. Talley's first initiated the dispute in 2024 by filing a statement of claim against Bathurst, its directors, and related parties, alleging prejudiced shareholder conduct and misleading representations, and seeking damages.Ebos Group (ASX:EBO, NZE:EBO) unit Pet Care Distributors' proposed deal to acquire Paringa Pet Foods is under a phase one review by the Australian Competition and Consumer Commission.Australia's benchmark index shed 0.2% or 20.1 points to close at 8,633.20 on Thursday.

ASX 200ASX:BRLASX:EBONZE:EBO
Asia

Fitch Retains Neutral Outlook on Asia-Pacific Insurance Sector

Fitch Ratings has kept a neutral outlook for the Asia-Pacific insurance sector, according to a recent release.Solid capital buffers, controlled underwriting, and improved asset-liability management mitigate market headwinds, modestly increasing claim inflation, and new regulatory solvency regimes, according to Fitch.Moderately higher claim costs, along with supply chain disruption from geopolitical tensions, have reduced nonlife underwriting margins in the region, Fitch said.Increasing health and motor losses pressure profitability in Korea and Indonesia, while home and motor repair costs show stickiness in Australia, the rating agency said.Rising interest rates, a better reinsurance environment, and prior-period pricing actions offset claim inflation, but late-cycle market and credit risk linger, Fitch said.Japanese insurers face higher capital requirements through a new economic value-based solvency regulation, while Indonesian counterparts are undergoing the first phase of higher minimum equity requirements, according to Fitch.Meanwhile, lingering structural issues led to a deteriorating outlook in China and Taiwan, the rating agency said.

ASX 200^JKSE^KOSDAQKOSPINikkei 225Shanghai Composite^SZSETaiwan Weighted
International

Australia's Housing Market to Soften Before Stabilizing as Sentiment Weakens, Says CBA

Commonwealth Bank of Australia said house price growth in Australia is slowing down due to interest rate rises and policy changes in the recent budget, with economists revising their outlook for housing prices lower and a sharper slowdown now expected, according to a Thursday report by the bank."We now expect house prices to be flat over the course of this year," said CBA Senior Economist Trent Saunders.Saunders said three rate hikes and additional pressure from budget changes are adding to pressure already present in the housing market, with addressing supply constraints still key to solving affordability problems in the longer term.The bank said it expects the Reserve Bank of Australia to cut the cash rate twice next year."As more attention shifts towards the possibility of rate cuts, that's when we see market conditions starting to stabilize," Saunders said.The housing cycle is likely to reach a turning point in early 2027 as expectations of lower rates begin to improve confidence, CBA added.

ASX 200
Asia

Australian Shares Flat; Southern Cross Media to Cut Up to 300 Jobs, Downgrades Fiscal Year 2026 Guidance

Australian shares were flat with a negative bias on Thursday after the US military launched fresh strikes on Iran for the second straight day.The S&P/ASX 200 Index was little changed to close at 8,633.20.On Wall Street, the Nasdaq Composite fell 1.98%, the Dow Jones declined 1.87%, and the S&P 500 was down 1.62%.The US military launched strikes on Iran ​after President Donald Trump promised new attacks if no peace deal is secured. Iran declared the closure of the Strait of Hormuz in ​response, and Brent crude oil futures rose over 1% to around $94 per barrel.On the domestic front, Australia's consumer inflation expectations fell by 0.1 percentage points in June to 5.5%, according to the Melbourne Institute Survey of Consumer Inflationary Expectations. Trimmed mean inflation expectations, after spiking in April, have moderated for two consecutive months, while wage expectations have remained unchanged for the past seven months, the survey added.In company news, Southern Cross Media (ASX:SXL) said it will cut between 250 and 300 full-time roles before June 30 as part of a cost reduction program, resulting in fiscal year 2026 restructuring charges of around AU$20 million. It now expects fiscal 2026 revenue of AU$1.86 billion to AU$1.87 billion, down from a previous guidance range of AU$1.91 billion to AU$1.92 billion.Alcoa (ASX:AAI) CFO Molly Beerman warned that its alumina unit will be "underwater" due to losses caused by energy disruptions and the blockage of the Strait of Hormuz, speaking during a presentation at the Wells Fargo Industrials & Materials Conference.Lastly, Megaport (ASX:MP1) said the retail component of its fully underwritten one-for-3.08 pro rata accelerated non-renounceable entitlement offer has opened, expected to raise about AU$309 million at AU$14.30 per share, the same price and ratio applied to the institutional component, which raised about AU$518 million.

ASX 200ASX:AAIASX:MP1ASX:SXL
Asia

ASX Midday Sector Update: Energy Stocks Jump, Information Technology Sector Struggles

Energy stocks advanced nearly 2% at midday Thursday.Woodside Energy Group (ASX:WDS) gained almost 2% in recent trade.Meanwhile, the information technology sector struggled, shedding more than 2%.Xero (ASX:XRO) shares fell past 3% in recent trade.

ASX 200ASX:WDSASX:XRO
International

Australian Consumer Inflation Expectations Fall in June

Australia's consumer inflation expectations fell by 0.1 percentage points in June to 5.5%, according to the Melbourne Institute Survey of Consumer Inflationary Expectations on Thursday.Trimmed mean inflation expectations, after spiking in April, have moderated for two consecutive months, while wage expectations have remained unchanged for the past seven months, the survey added.

ASX 200

Showing 1-20 of 343