Market & Business News Brief
Summary
Australian shares closed slightly lower, while food delivery service Menulog announced it will cease operations in two weeks. Key stories include a surge in investor home lending, a court ruling against BHP, and volatility in specific stocks like Life360 and Commonwealth Bank.
Key Points
- Markets: ASX 200 closed down -0.2% to 8,799 points. Technology and consumer cyclicals declined, while materials and energy sectors gained.
- Menulog Shutdown: The food delivery company will close in two weeks, offering redundancy packages. Experts cite its failure to diversify into grocery deliveries as a key reason for its decline.
- Corporate News:
- Life360: Shares fell sharply (-12.4%) due to privacy concerns following its $184 million acquisition of ad-tech firm Nativio.
- Commonwealth Bank: Shares dropped another -2.7% following a recent trading update showing slipping net interest margins.
- Mineral Resources: Top performer after a $1.2 billion deal to sell a 30% stake in its lithium business.
- BHP: Fined over $80,000 for forcing workers to work on Christmas and Boxing Day without penalty rates.
- Housing & Credit:
- Investor home lending surged to a record $39.8 billion, making up over 40% of new home loans.
- Buy Now, Pay Later applications rose 43% in the September quarter.
- First home buyer hotspots identified in major cities, with affordability a primary concern.
- Global Context: A small group of AI-focused companies (Nvidia, Meta, etc.) now constitute about 30% of the S&P 500’s value, raising concentration risks.
市场与商业新闻简报
总结
澳大利亚股市小幅收低，而外卖服务公司Menulog宣布将在两周内停止运营。主要新闻包括投资者住房贷款激增、法院对BHP的裁决，以及Life360和联邦银行等特定股票的波动。
关键点
- 市场：ASX 200指数收盘下跌-0.2%，报8,799点。科技和消费周期性股票下跌，而材料和能源板块上涨。
- Menulog关闭：该外卖公司将在两周内关闭，并提供裁员补偿方案。专家指出其未能成功多元化发展杂货配送业务是其衰落的一个关键原因。
- 公司新闻：
- Life360：股价大幅下跌（-12.4%），原因是其以1.84亿美元收购广告技术公司Nativio引发了隐私担忧。
- 联邦银行：股价再跌-2.7%，此前其交易更新显示净息差下滑。
- Mineral Resources：表现最佳的股票，此前达成一项12亿美元的交易，将其锂业务30%的股份出售给韩国浦项制铁。
- BHP：因强迫工人在圣诞节和节礼日工作且未支付加班费率而被罚款超过8万澳元。
- 住房与信贷：
- 投资者住房贷款激增至创纪录的398亿澳元，占新住房贷款的40%以上。
- 九月季度”先买后付”申请量同比增长43%。
- 主要城市确定了首次购房者热点区域，可负担性是主要关切点。
- 全球背景：一小批专注于人工智能的公司（英伟达、Meta等）目前约占标普500指数价值的30%，引发了市场集中度风险。
Original Article Link: https://www.abc.net.au/news/2025-11-12/asx-markets-business-live-news/105998974