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The Rio Tinto Ltd (ASX: RIO) share price has been an excellent performer for investors over the past 5 years, utilising elevated commodity prices to pay down debt and deliver record dividends to shareholders.
S&P/ASX 200 (ASX:XJO) managed a 0.2% gain on Friday, overcoming weakness in healthcare. Karoon Energy Ltd (ASX:KAR) share price rose 4.2%.
The Downer EDI Ltd (ASX:DOW) share price is down around 5% after its FY23 update which included large asset impairments.
TPG Telecom Ltd (ASX: TPG) shares went up 6.8% and were then halted on news of a potential asset sale.
The S&P/ASX 200 (INDEXASX: XJO) could open modestly positive on Monday, with Sydney SPI 200 futures pointing to a slightly positive open. Here’s what you missed from inside the ASX 200 last week.
The local share market posted another strong day, adding 0.7%, as news of the Federal Reserve potentially pausing rate hikes boosted the property and technology sectors, up 3.3% and 2.2%, respectively.
The local share market managed a 0.9% gain, taking it to a five-month high on the back of another confirmation of falling price levels and inflation.
News that the Chinese government was committed to supporting a slowing economy with economic stimulus were enough to drive both the All Ordinaries and S&P/ASX200 to a 0.5% gain.
The Corporate Travel Management Ltd (ASX:CTD) share price is higher after the ASX travel share announced that it had a strong finish to FY23.
The Rio Tinto Ltd (ASX: RIO) share price has been an excellent performer for investors over the past 5 years, utilising elevated commodity prices to pay down debt and deliver record dividends to shareholders.
S&P/ASX 200 (ASX:XJO) managed a 0.2% gain on Friday, overcoming weakness in healthcare. Karoon Energy Ltd (ASX:KAR) share price rose 4.2%.
The Downer EDI Ltd (ASX:DOW) share price is down around 5% after its FY23 update which included large asset impairments.
TPG Telecom Ltd (ASX: TPG) shares went up 6.8% and were then halted on news of a potential asset sale.
The S&P/ASX 200 (INDEXASX: XJO) could open modestly positive on Monday, with Sydney SPI 200 futures pointing to a slightly positive open. Here’s what you missed from inside the ASX 200 last week.
The local share market posted another strong day, adding 0.7%, as news of the Federal Reserve potentially pausing rate hikes boosted the property and technology sectors, up 3.3% and 2.2%, respectively.
The local share market managed a 0.9% gain, taking it to a five-month high on the back of another confirmation of falling price levels and inflation.
News that the Chinese government was committed to supporting a slowing economy with economic stimulus were enough to drive both the All Ordinaries and S&P/ASX200 to a 0.5% gain.
The Corporate Travel Management Ltd (ASX:CTD) share price is higher after the ASX travel share announced that it had a strong finish to FY23.
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