ASX 200 jumps 0.6%, CBA, IOOF gain
Stocks finish 0.6 per cent higher, bolstered by financial stocks including IOOF and CBA. Sigma tables $773.3m bid for API, starting bidding war with Wesfarmers.
Welcome to the Trading Day blog for Monday, September 27. The Australian share market has closed 0.6 per cent higher, driven by financial stocks such as IOOF and CBA. The gains follow mixed overseas leads and ongoing fears over the Evergrande debt crisis in China.
It comes after the Dow Jones and S&P 500 eked out small gains on Friday, while the Nasdaq dipped into the red. Iron ore and oil prices are higher.
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Originally published as ASX 200 jumps 0.6%, CBA, IOOF gain
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