ASX Market Close: Inflation falls back within RBA target band | October 30, 2024

The Market Herald10-30

The ASX200 closed down 0.83% at 8,180 points. Headline inflation in Australia has fallen to 2.8% – its lowest in three years – and is now officially in the RBA’s 2-3% inflation target band. Investors ...

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Investors ...</p>\n\n<a href=\"https://themarketonline.com.au/asx-market-close-inflation-falls-back-within-rba-target-band-october-30-2024-2024-10-30/\">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: Inflation falls back within RBA target band | October 30, 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: Inflation falls back within RBA target band | October 30, 2024\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-30 14:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://themarketonline.com.au/asx-market-close-inflation-falls-back-within-rba-target-band-october-30-2024-2024-10-30/><strong>The Market Herald</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The ASX200 closed down 0.83% at 8,180 points.\nHeadline inflation in Australia has fallen to 2.8% – its lowest in three years – and is now officially in the RBA’s 2-3% inflation target band. Investors ...</p>\n\n<a href=\"https://themarketonline.com.au/asx-market-close-inflation-falls-back-within-rba-target-band-october-30-2024-2024-10-30/\">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":"APX.AU","symbol_name":"APPEN LTD","start_time":0,"source_url":"https://themarketonline.com.au/asx-market-close-inflation-falls-back-within-rba-target-band-october-30-2024-2024-10-30/","article_id":"2479224916","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2479224916","pubTimestamp":1730268780,"sourceInfo":{"source_id":"markerherald_stock","name":"The Market Herald"},"weMediaInfo":null,"summary":"The ASX200 closed down 0.83% at 8,180 points.Headline inflation in Australia has fallen to 2.8% – its lowest in three years – and is now officially in the RBA’s 2-3% inflation target band. 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Investors reacted unfavourably and the local bourse declined after the announcement. All eyes are now on the RBA, which meets on Tuesday, with most analysts predicting rates to stay on hold.\nThe Consumer Staples sector was aggressively sold off and closed down 3.5%, followed by Discretionary, down 1.3% and Health Car, up 1.2%. Real Estate was the only sector finishing in the green, up 0.5%.\nIn the Green\nAppen (ASX:APX) closed up 1.27% after Q3 revenue came in at $54.1 million, a 35% increase year over year.\nAppen closed at $1.99.\nPilbara Minerals (ASX:PLS) finished up 1.05% on its quarterlies. Investors reacted favourably to plans to optimise the Pilgangoora Operation to a single processing plant via the Pilgan plant.\nPilbara Minerals wrapped up the session at $2.88.\nArgenica Therapeutics (ASX:AGN) closed up 2.78% has news of FDA approval for its its drug candidate in the United States.\nArgenica Therapeutics finished the day at 74 cents.\nIn the Red\nLynas Rare Earths (ASX:LYC) closed down 1.04% on release of it quarterlies. The company reported a gross sales revenue of A$120.5 million, a decrease from the previous quarter’s A$136.6 million.\nLynas Rare Earths closed at $7.75.\nLiontown Resources (ASX:LTR) shed 4.5% on news of a ramp up in production at its Kathleen Valley Project. The company produced 28,171 dry metric tonnes (dmt) of spodumene concentrate and made its inaugural shipment, marking a significant milestone in production.\nLiontown Resources closed at 85 cents.\nStar Entertainment (ASX:SGR) closed down 3.77% on its quarterly update. For the September quarter the company posted an 18% decline in revenue to $351 million and an EBITDA loss of $18 million.\nStar Entertainment Group closed at 23 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":"Economic Data","news_rank":0,"symbols":[],"gpt_button":0},"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/2479224916"}