ASX falls; Domino’s says no takeover bid from Bain
The Australian sharemarket fell on Tuesday as investors dumped shares in index heavyweights CSL and WiseTech Global and navigated wild price swings in Domino’s Pizza Enterprises.
The benchmark S&P/ASX 200 Index closed down 43.1 points, or 0.5 per cent, to 9012.5 on Tuesday AEDT despite six out of the 11 sectors finishing higher. Health care, technology and mining sectors dragged the bourse lower.
The ASX shrugged off a strong session on Wall Street overnight after
President Donald Trump said that he expected the US and China to “come away” with a trade deal. Trump is set to meet Chinese President Xi Jinping in South Korea on Thursday.
Blue chips hit
Local traders were instead more focused on company-specific news in some of the ASX’s…
