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ASX 200 live: South32, AMP quarterly updates; Insignia still waiting on CC Capital bid; Abacus bid progress
AMP hails super win since 2017 in volatile market. South32 beats FY25 output guidance. Insignia's $3.4bn offer yet to materialise as talks continue. Abacus Storage's billionaire shareholder, Public Storage begin due diligence.
Welcome to the Trading Day blog for Monday, July 21. The ASX 200 index is down 1.2 per cent to 8653 points at 2pm AEST, led by banking declines. Miners and energy stocks are flat.
Quarterly updates from Woodside, Fortescue also this week, alongside RBA's July monetary policy meeting minutes on Tuesday.
Wall Street ended its Friday session mixed, with the Dow Jones index off 0.3 per cent and the S&P and Nasdaq indexes both closing flat.
Cryptocurrency giant bitcoin is near $US118,300 as US President Donald Trump gets ready to sign the Genius Act, which outlines some ground rules for stablecoins.
The Aussie dollar is trading around US65.07c.
Originally published as ASX 200 live: South32, AMP quarterly updates; Insignia still waiting on CC Capital bid; Abacus bid progress
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