ASX Today Live News & Analysis
The S&P/ASX200 fell 73.4 points on Friday, down 0.81 per cent, to 8,995, as the broader All ordinaries dropped 83 points, or 0.89 per cent, to 9,292.9.
The convincing rejection came after the top 200 broke its intraday and closing records on Thursday, ultimately rounding out the roughly 0.4 per cent higher.
The heavyweight financials sector dragged on the bourse, dropping more than one per cent after two US regional banks posted heavy loan-related drawdowns, fanning fears of a repeat of the 2023 regional banking crisis.
Energy stocks were hammered as oil prices plumbed five-month lows, as US-China trade tensions drag on against a backdrop of oversupply from OPEC+ and planned diplomatic talks to end the war in Ukraine.
The Australian dollar is buying 64.74 US cents, down from 64.94 US cents on Thursday at 5pm.
Companies Holding Annual General Meeting (ASX 300):
Australian Finance Group Ltd
PWR Holdings Limited
Markets
Index | Last price | Change | % Change |
|---|---|---|---|
| All Ordinaries | 9,293.20 | 45.10 | -0.48% |
| CAC 40 | 8,189.52 | 0.93 | 0.01% |
| DAX 40 | 23,830.99 | 441.20 | -1.82% |
| Dow JONES (US) | 46,190.61 | 238.37 | 0.52% |
| FTSE 100 | 9,348.01 | 88.08 | -0.93% |
| HKSE | 25,247.10 | 641.41 | -2.48% |
| NASDAQ | 22,679.97 | 117.44 | 0.52% |
| Nikkei 225 | 47,582.15 | 695.59 | -1.44% |
| NZX 50 Index | 13,289.21 | 99.89 | -0.75% |
| S&P 500 | 6,664.01 | 34.94 | 0.53% |
| S&P/ASX 200 | 8,995.30 | 34.70 | -0.38% |
| SSE Composite Index | 3,839.76 | 76.47 | -1.95% |