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CSL and WiseTech Rout Drags ASX 200 Lower as Gold Pulls Back, RBA Turns Hawkish

Hawkish RBA signals reduced near‑term rate‑cut odds.

Overview

  • The ASX 200 closed down 43.10 points, or 0.48%, at 9,012.50, with the All Ordinaries off 0.60% at 9,295.80.
  • CSL sank about 16% to a seven‑year low after flagging slower near‑term revenue tied to a softer US flu vaccine rollout.
  • WiseTech fell roughly 16% after AFP and the corporate regulator raided its Sydney offices seeking alleged trading data linked to founder Richard White and others, with full details not yet confirmed.
  • RBA Governor Michele Bullock said the labour market was “a little tight,” prompting markets to trim the probability of a November rate cut.
  • Spot gold slipped below US$4,000, pressuring miners and materials, while Commonwealth Bank, Westpac, NAB and ANZ advanced and helped limit the index decline.