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As it happened: ASX snaps seven-strong winning streak with 0.3% fall

Summary

  • The banks and miners weighed as the ASX fell 0.3% to 6179.2 on Wednesday, ending a seven-session winning streak 
  • The local bourse still outperformed other Asian markets today. US futures were up by between 0.2% and 0.4% at 4pm AEDT
  • Shares in biotech CSL jumped 1.4% after the firm raised the lower end of its full-year profit guidance. It now expects growth of between 3% and 8% to be between $2.17b and $2.27b
  • A question mark is hanging over Virgin Australia boss Paul Scurrah's future following its takeover by the American private equity firm Bain Capital, with a key union fearing he has departed the airline

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