Business
CSL rises, miners droop to keep ASX flat; Kogan down 13% – The Sydney Morning Herald
The ASX 200 gave up its early lead as BHP, Rio Tinto, and Commonwealth Bank sent the market into the red. Healthcare and tech stocks were strong.
Asian stocks were higher on Friday, setting the region up for a weekly gain, as investors tempered fears about hot inflation and the prospects of an early tapering of stimulus by the Federal Reserve.
Japans Nikkei jumped 1 per cent while MSCIs broadest index of Asia-Pacific shares outside Japan added 0.6 per cent.
Taiwans tech-heavy stock index climbed 1.8 per cent, leading gains in the region, while Chinese blue chips added 0.3 per cent.
The Nikkei was higher on Friday. Credit:Bloomberg
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