RBA Expected to Lift Rates as Australian Dollar Nears Four Year High
8 Articles
8 Articles
RBA expected to lift rates as Australian dollar nears four year high
Australian shares dropped 0.4 per cent ahead of an expected Reserve Bank rate rise, with losses across most sectors led by consumer staples and energy, while petrol prices continued to ease nationwide. Corporate headlines included a recall by A2 Milk in the United States, an ASIC investigation into Accent Group, and NAB’s weaker half-year profit driven by accounting changes despite solid lending growth and a steady dividend. The outlook for borr…
Global markets | Australian shares slip as RBA decision looms, NAB posts profit miss
Australian shares declined on Monday. The S&P/ASX 200 index closed lower. NAB reported a miss in half-year earnings, affecting market sentiment. A2 Milk shares dropped significantly due to a product recall in the US. Investors are cautious before the Reserve Bank of Australia's policy decision on Tuesday. Energy and mining stocks also saw declines.
ASX 200 Live: ASX ends down ahead of expected RBA rate rise; A2 Milk dives on recall; Endeavour sales disappoint investors
Staples lead ASX down; A2 Milk sinks on formula recall; Citi backs Xero price rise; Endeavour flags Middle East impact; NAB misses forecasts; ANZ warns on oil prices. Follow live.
Closing Bell: ASX whacked by weak corporate updates and A2 Milk recall
ASX falls 0.38% with 112/200 stocks (56%) lower Just four sectors on the up; blue-chips drive consumer staples lower Info tech bounces on strong Nasdaq momentum Info tech rides Nasdaq wave The Wall Street Nasdaq added 0.9% on Friday to close at a fresh all-time high, setting the runway for gains in ASX tech stocks today. Gain, they did, leading the sectors higher with a tidy 1.03% bump. Life360 (ASX:360) gained 6.3%. The lifestyle tech stock w…
ASX 200 Falls 0.37% to 8697.5 as A2 Milk Plunge and NAB Results Hit Australian Market May 4 2026
SYDNEY — The S&P/ASX 200 index slipped 0.37 percent to close the midday session at 8,697.5 on Monday, May 4, 2026, extending a recent run of cautious trading as weakness in consumer staples and banking stocks offset modest gains elsewhere amid lingering concerns over oil prices and global geopolitical tensions.
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