ASX 200: Budget watch; ANZ shares dive; James Hardie down, Gold Road lifts after rejecting Gold Fields offer
WA miner Gold Road hits record amid standoff with rejected suitor, partner Gold Fields. Regal in recovery mode as Opthea questions remain. James Hardie stays in the red after analyst ratings changes. Budget to reveal worsening debt outlook.
That's all from the Trading Day blog for Tuesday, March 25. The ASX 200 index closed up 5.6 points or less than 0.1 per cent to 7942.5 points after hitting a two-week high of 7994. A sharp intraday reversal in ANZ explained most of the pullback
Wall Street's indexes gained strongly led by the tech-heavy Nasdaq's 2.3 per cent jump. The S&P 500 and Dow Jones indexes rose 1.8 per cent and 1.4 per cent, respectively.
Cryptocurrency giant bitcoin is just below $US87,000.
The Aussie dollar is trading around US62.88c.
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Originally published as ASX 200: Budget watch; ANZ shares dive; James Hardie down, Gold Road lifts after rejecting Gold Fields offer