ASX Slides Lower as Tech Stocks, Banks and CSL Fall; BHP Hits Record
CSL fell after analyst downgrades and $US5 billion in writedowns, while BHP hit a record as miners and energy stocks gained.
7 Articles
7 Articles
Sydney Morning Herald
ASX slides lower as tech stocks, banks and CSL fall; BHP hits record
The Australian sharemarket finished lower ahead of budget night, amid concerns the Iran war will drag on after the US rejected Tehran’s latest peace offer.
ASX 200 Dips 0.2% as Healthcare Weighs While Miners Hold Firm on May 12
SYDNEY — The S&P/ASX 200 index edged lower on Tuesday, closing at 8,684.4 after shedding 17.4 points, or 0.20%, as healthcare stocks dragged on the broader market while resource names provided some support amid steady commodity prices.
The ASX Today: Headlining $9B CSL collapse drags Aussie shares into yet another red Monday
Hello and welcome to HotCopper’s The ASX Today. It’s Monday, Week 20, and the local market’s taken a hammering, falling 0.6% largely thanks to CSL (ASX:CSL) shares plummeting to their lowest level in 11 years. Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more. The biotech giant suffered a steep sell-off after spooking investors with a profit wa…
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