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As it happened: Best week in six as banks rise on lending law backflip

As it happened: Best week in six as banks rise on lending law backflip

The banks powered a 1.5% ASX200 rise on Friday after government flagged it would ease lending restrictions. The Big Four added nearly $15 billion on their own.

  • by Alex Druce

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As it happened: ASX droops 0.8% as tech, gold miners suffer
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As it happened: ASX droops 0.8% as tech, gold miners suffer

The ASX 200 fell by as much as 1.7% on Thursday following a renewed selloff on Wall Street. The market improved but still ended 0.8% lower at 5875.9.

  • by Alex Druce
As it happened: Rate cut talk fuels $42b ASX rebound
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As it happened: Rate cut talk fuels $42b ASX rebound

The ASX 200 rebounded 2.4% on Wednesday as expectations of an October rate cut built on a strong Wall Street lead.

  • by Alex Druce
As it happened: Virus fears, commodities slump wipes 0.7% from ASX
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As it happened: Virus fears, commodities slump wipes 0.7% from ASX

The ASX 200 has continued its September slide, dropping to a three-month low on Tuesday. The market closed 0.7% lower at 5784.1.

  • by Alex Druce
As it happened: September slide continues as ASX hits three-month low
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As it happened: September slide continues as ASX hits three-month low

The ASX 200 shed as much as 0.9% on Monday as the mining giants and the banks weighed. The local bourse finished 0.7% down at its lowest close since June 29.

  • by Alex Druce
As it happened: ASX stumbles home, narrowly avoids fifth weekly loss
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As it happened: ASX stumbles home, narrowly avoids fifth weekly loss

The ASX 200 rose by as much as 0.7% at Friday's open but soon gave up its lead and closed 0.3% lower at 5864.5. The banks and CSL weighed while the miners rose.

  • by Alex Druce
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As it happened: ASX drops 1.2% and records worst session in a week
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As it happened: ASX drops 1.2% and records worst session in a week

The ASX closed 1.2 per cent lower on Thursday as iron ore miners, CSL, and tech stocks took a tumble, even as jobs data surprised to the upside.

  • by Alex Druce
As it happened: ASX gains 1% to one-week high
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As it happened: ASX gains 1% to one-week high

The S&P/ASX 200 gained 61.3 points, or 1%, on Wednesday to a one-week high of 5956.1 points. Communications, industrial, and consumer discretionary sectors outperformed.

  • by Alex Druce and Lucy Battersby
As it happened: ASX ends session flat, moves down by 0.1%
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As it happened: ASX ends session flat, moves down by 0.1%

The ASX 200 closed at 5894 points, a decline of 4.7 points, as gains in the real estate sector were dragged away by energy and financial stocks

  • by Alex Druce and Lucy Battersby
As it happened: ASX gains 0.7% as materials outperform
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As it happened: ASX gains 0.7% as materials outperform

The S&P/ASX 200 gained 40.1 points on Monday to close 0.7% higher at 5899.5. It was driven by gains in the materials, energy, and industrial sectors.

  • by Lucy Battersby and Alex Druce
As it happened: Friday slump hands ASX fourth straight weekly loss
Investing

As it happened: Friday slump hands ASX fourth straight weekly loss

Health and property stocks were defiant on Friday but the ASX 200 still fell by 0.8%. The index has now registered four straight weeks of losses.

  • by Alex Druce