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AU Weekly Wrap | Monthly Inflation Rate Accelerates; BHP Abandons $50 Billion Anglo American Deal
Check out what happened in this week's AU stock market as well as the key economic data for next week.
AU Evening Wrap: Australia Shares Rise 1%, Paring Recent Losses
Australia shares rise 1%, paring its recent losses but still slipping to a second straight weekly loss. Consumer stocks were among Friday's largest gainers, with travel-related companies, discretionary retailers and supermarkets all rising.
AU Evening Wrap: Australia Shares Fall 0.5% for Third Straight Decline
Australia shares fell 0.5% for third straight decline amid weakness in shares of large banks and miners. The heavyweight materials sector lost 1.9%.
AU Morning Wrap: ASX Erases May Gains Amid Growing Sell-Off; BHP Drops After Anglo Takeover Withdrawal
ASX erases May gains amid growing sell-off; BHP drops after Anglo takeover withdrawal. Stocks to watch: BHP, Catapult, Australian Agricultural Co, Elders.
AU Evening Wrap: Australia Shares Tumble 1.3% as Rate-Cut Hopes Fade
Australia shares tumbled 1.3% as rate-cut hopes faded, with all eleven sectors finishing down and consumer staples and financials leading the way.
Metals & Mining Monitor | Iron Ore Prices Reach to 3-Month High; Anglo American Extends BHP Bid Deadline After Rejection
Iron ore prices climbed to 3-month high on China's Support Measures; Anglo American extends BHP bid deadline after rejection.