Miners Drag ASX Down; CBA’s Horror Week

Miners drag ASX down; CBA’s horror week

The Australian share market has finished the week in the red; mining and gold stocks dragged the ASX-200 down as the iron ore price fell below US$100. Stephanie Youssef spoke with Medallion Financial Group’s managing director Michael Wayne.

ASX drops on banks and miners

Falling iron ore prices and profit taking on the major banks drove the ASX lower on Friday for the third straight trading day.

Banks, miners drag Australia shares to lowest close in a week

Source: Live Mint ASX200 down 1% for week – biggest since early April CBA down 10% since peak valuation in late June Woodside posts 9-month closing high, energy index up 1.8% (Updates to market close) July 25 (Reuters) – Australian shares posted a one-week closing low on Friday, dragged down by banks and miners as investors booked profits ahead of a crucial week that includes U.S. President Donald Trump’s tariff deadline and a host of centr…

ASX Market Close: Fading miners drag bourse as iron ore price slumps

Good afternoon and welcome to Market Close – I’m Isaac McIntyre. The ASX has closed down today, losing -0.49% in a dour end to what had been a relatively strong Week 30; up to this arvo’s trade, at least. 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. No great surprise the market has dropped, especially with iron prices denting price action…