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ASX 200 dips; Liontown's royalty fight; ANZ warns of inflation headwinds; Pacific Smiles rejects Genesis bid; Wall St in the red

ASX falls, staves off US-level losses. James Packer names Lawrence Myers new CEO of CPH. Liontown flags legal challenge at Kathleen Valley. Pacific Smiles shares rise after rejecting Genesis bid.

David Rogers, Valerina Changarathil and Joseph Carbone

Investors are parsing AGM and economic updates in the closing weeks of 2023. Picture: Gaye Gerard

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6:14AMDecember 21, 2023.

Updated 5:15PMDecember 21, 2023

The Australian Business Network

Welcome to the Trading Day blog for Thursday, December 21. The ASX 200 index closed 0.5 per cent lower at 7504.1 points, with nine of 11 sectors falling.

The Aussie dollar is near US67.51c.