The S&P/ASX 200 slipped on Thursday, losing 13.60 points or 0.16% to close at 8,742.80. The session’s weakest performers were Champion Iron Limited, which fell 13.12%, and Beach Energy Limited, down 9.30%. Despite the daily decline, the benchmark index remains 0.38% below its 52-week high and has gained 0.38% over the past five sessions.
Meanwhile, the S&P/ASX Small Ordinaries Index (XSO) dropped 14.90 points or 0.44% to finish at 3,338.30, extending its five-day loss to 1.19%. It was a mega day for small cap quarterly reporting, with several strong news calls as well. You can read all today's news below.