ASX Market Close: Index creeps higher as IMF increases inflation prediction for Oz | October 23, 2024

The Market Herald10-23

The ASX200 closed down 0.13% at 8,216 points in a flat days trade. Coles (ASX:COL) and Woolworths (ASX:WOW) have fought back in the Federal Court against ACCC claims of sham discounting. The companies...

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The companies...</p>\n\n<a href=\"https://themarketonline.com.au/asx-market-close-index-creeps-higher-as-imf-increases-inflation-prediction-october-23-2024-2024-10-23/\">Source Link</a>\n\n</div>\n","source":"markerherald_stock","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>ASX Market Close: Index creeps higher as IMF increases inflation prediction for Oz | October 23, 2024</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nASX Market Close: Index creeps higher as IMF increases inflation prediction for Oz | October 23, 2024\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-23 14:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://themarketonline.com.au/asx-market-close-index-creeps-higher-as-imf-increases-inflation-prediction-october-23-2024-2024-10-23/><strong>The Market Herald</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The ASX200 closed down 0.13% at 8,216 points in a flat days trade.\nColes (ASX:COL) and Woolworths (ASX:WOW) have fought back in the Federal Court against ACCC claims of sham discounting. The companies...</p>\n\n<a href=\"https://themarketonline.com.au/asx-market-close-index-creeps-higher-as-imf-increases-inflation-prediction-october-23-2024-2024-10-23/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7082","symbol_name":"大卖场与超市","start_time":0,"source_url":"https://themarketonline.com.au/asx-market-close-index-creeps-higher-as-imf-increases-inflation-prediction-october-23-2024-2024-10-23/","article_id":"2477697373","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2477697373","pubTimestamp":1729666020,"sourceInfo":{"source_id":"markerherald_stock","name":"The Market Herald"},"weMediaInfo":null,"summary":"The ASX200 closed down 0.13% at 8,216 points in a flat days trade.Coles  and Woolworths  have fought back in the Federal Court against ACCC claims of sham discounting. The companies say almost every alleged instance of the practice involved a supplier-requested price hike due to an inflation outbreak. Coles closed up 1.4% at $18.16 and Woolworths closed up 1.6% at $33.05.The International Monetary Fund  has revised its inflation predictions for 2025, upping Australia’s consumer price index expectations from 2.8% to3.6%.Staples has been the best performing sector, up 1.33%, followed by Discretionary, up 0.44%, and Materials 0.4%.IT has been the worst performing sector, down 1% followed by Energy, down 0.75%.Brazilian Rare Earths  closed up 2.9% on news of a drilling update. The company says an outstanding heavy rare earth discovery near Monte Alto was uncovered.WA1 Resources  closed up 0.4% on release of drilling results from the 100% owned West Arunta Project in Western Australia. 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The companies say almost every alleged instance of the practice involved a supplier-requested price hike due to an inflation outbreak. Coles closed up 1.4% at $18.16 and Woolworths closed up 1.6% at $33.05.\nThe International Monetary Fund (IMF) has revised its inflation predictions for 2025, upping Australia’s consumer price index expectations from 2.8% to 3.6%.\nStaples has been the best performing sector, up 1.33%, followed by Discretionary, up 0.44%, and Materials 0.4%.\nIT has been the worst performing sector, down 1% followed by Energy, down 0.75%.\nIn the Green\nBrazilian Rare Earths (ASX:BRE) closed up 2.9% on news of a drilling update. The company says an outstanding heavy rare earth discovery near Monte Alto was uncovered.\nBrazilian Rare Earths finished at $2.49.\nBeach Energy (ASX:BPT) closed up 0.8% following a solid rise in oil prices overnight and a positive reaction to its recent quarterly update. Broker Bell Potter responded by retaining its buy rating and lifting its price target to $1.50.\nBeach Energy closed at $1.29\nWA1 Resources (ASX:WA1) closed up 0.4% on release of drilling results from the 100% owned West Arunta Project in Western Australia. The company has revealed high-grade mineralisation and some of the best niobium intersections uncovered to date.\nWA1 Resources closed at $13.15\nIn the Red\nWisetech (ASX:WTC) finished down 1.44% after ongoing news founder Richard White had a relationship with an employee and gifted her a $7 million luxury waterfront mansion.\nWisetech closed at $106.07.\nDomain Holdings Australia (ASX:DHG) closed down 3.23% on news the company is searching for a new CEO. Existing CEO Jason Pellegrino has agreed to stay for up to six months to assist with the transition.\nDomain closed at $3.00\n29Metals (ASX:29M) closed down 22.12% on release of its quarterlies. The company revealed a sharp decline in copper production and a significant jump in costs for the period.\n29Metals finished the day at 44 cents.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2477697373"}