ASX 200: Betr's new PointsBet offer; CBA sell off; Star vote on Bally's rescue next week

Rejected suitor Betr details new intended all-scrip bid with buyback carrot for PointsBet. Investors jittery amid Middle East turmoil. Voting on Bally's 'unattractive' Star rescue deal next week. 

A holiday in the US and ongoing Middle East tensions are weighing on global stock markets. Picture: Gaye Gerard

That' sall from the Trading Day blog for Friday, June 20. The ASX 200 index ends down down 0.2 per cent to 8505.5 but well off its intraday low as the global risk appetite improves after the White House says Trump will decide on Iran strikes "within two weeks" suggesting US action isn't imminent as markets had thought.

US equity and bond markets were closed for the Juneteenth holiday, but futures continued to trade. Contracts tied to the S&P 500 and Dow Industrials fell.

Among commodities, the global benchmark Brent crude is near $US77 per barrel and the US WTI around $US74 per barrel.

Cryptocurrency giant bitcoin is above $US104,500.

The Aussie dollar is trading around US64.93c.

Originally published as ASX 200: Betr's new PointsBet offer; CBA sell off; Star vote on Bally's rescue next week