ASX 200: CSL briefly Australia's biggest company & market hits new record

Major Australian companies listed on the Australian Securities Exchange including Qantas, Coles, BHP and Wesfarmers opened their books in a busy week of half-year results, while CSL briefly became Australia’s biggest company.

CSL in ASX 200 update 24.02.20
CSL, an ASX 200 stock, is a biotechnology company that has developed vaccines to prevent influenza. Image source: HQuality (Shutterstock).

The ASX 200 struck another record high of 7,164.6 points during the week, to regain all its coronavirus-linked losses from this year. It has slipped in early trading this morning, however, on the back of falls in offshore markets and the coronavirus news coming out of South Korea.

It ended the week at 7,139 points, up 0.13% on the previous week and higher than January’s record peak.