Australian Share Market Declines for Second Week
The Australian share market closed lower on Friday, marking its second consecutive week of losses. The S&P/ASX 200 Index dropped 0.7% to 8,769.7 points, reflecting ongoing investor caution.
Macquarie Group Shares Fall on Earnings Miss
Shares of Macquarie Group tumbled 5.7% to $204.77 after reporting a half-year net profit of $1.7 billion for the six months ending September 30. This result was 10.4% below analyst expectations, according to UBS.
Tesla's Annual General Meeting
Tesla held its annual general meeting in Texas, where shareholders approved Elon Musk’s highest-ever CEO compensation package.
“This blog is not intended as investment advice. Prices current around 4.35pm AEDT.”
Live updates on the major ASX indices concluded the day’s coverage.
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