ASX Dips Amid Telecom and Mining Shifts | Australia News

The ASX 200 dipped 21 points to 9,188 as oil prices rose and miners took profits, with Telstra leading the declines after a network outage and weak earnings—its shares fell 3.2% despite slight overall profit growth driven by mobile segment cost hikes. Rio Tinto also dropped amid investor profit-taking following recent mining gains, while tech stocks like WiseTech Global and Megaport rallied. Treasury Wine Estates posted a big loss yet saw its shares climb—an unexpected market twist as BHP’s earnings loom. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/89031bf16fda9596