Menu

ASX slides as war uncertainty lingers; Temple & Webster appoints new CEO
📰
0

ASX slides as war uncertainty lingers; Temple & Webster appoints new CEO

The Sydney Morning Herald·Staff writers·about 1 month ago
#Zlw2gJZe
#sections#footer#cent#company#rose#stocks
Reading 0:00
15s threshold

Staff writers Updated April 23, 2026 — 11:07am , first published April 23, 2026 — 5:19am The Australian sharemarket has continued Wednesday’s slump at the open as uncertainty over the Iran war hangs over investors, even though Wall Street hit fresh records overnight after another round of impressive company results. The S&P/ASX 200 was down 46 points, or 0.5 per cent, to 8797.6 at 10.20am AEST, with eight of 11 industry sectors in the red. Iranian news agencies reported this morning that the paramilitary Revolutionary Guard has attacked three ships in the Strait of Hormuz, throwing into question efforts to end the war. The vast majority of companies in the S&P 500 have so far been delivering results that have topped analysts’ expectations. AP Energy stocks advanced as oil prices rose for a fourth day, with the US and Iran locked in a battle for control of the Strait of Hormuz.…

Continue reading — create a free account

Join HashtagPLUS to read full articles, follow hashtags, vote, and join the conversation.

Read More