ASX 200 up to a 3-day high as banks rise; Magellan plunges
BHP, Rio, Fortescue rise on talks with China iron buyer. Magellan plunges on funds under management drop. RBA says most households able to service their mortgages. Two more RBA hikes: Deutsche Bank.
Welcome to the Trading Day blog for Friday, October 6. The ASX 200 index closed 0.4 per cent higher at 6954.20 points on support from the banks and miners. Wall Street dipped ahead of key US jobs data.
The Aussie dollar is trading around US63.66c.
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