The S&P/ASX 200 Index fell 0.2 per cent to 7481.7. Latitude Group rallied 9.1 per cent to $1.50 and IDP Education jumped 2.9 per cent to $31.37.
P/ASX 200 Index lost 12.1 points, or 0.2 per cent, to 7481.7; the All Ordinaries fell 0.1 per cent to 7700.4.Monday’s record comes ahead of CBA’s interim results due on February 15 when the bank is poised to report a better-than-consensus profit, Macquarie’s banking team said. Beyond results season, the outlook for the big four is more challenging as the benefits of rising interest rates are eroded and impairment charges increase.
China wants to be seen be re-engaging with the world, which means government officials, business delegations, tourists and students are travelling again after three years of isolation,Shares of IDP Education jumped 2.9 per cent to $31.37. Lithium and battery metals stocks rallied. Core Lithium jumped 8.9 per cent to $1.23 and Novonix 7.5 per cent to $1.93.
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