Closing Bell 16th October: BOQ rallies on good earnings. XJO rally stalls, hovers around 8300
Australian shares trimmed losses but remained down in early afternoon trade on Wednesday, driven by a tech sector slump after a surprise report from Dutch chipmaker ASML raised concerns over the global AI boom. The S&P/ASX 200 fell 0.1% to 8309, retreating from Tuesday’s record close of 8318.4.