ASX 200 closes 0.35 per cent higher; Wyloo Metals trumps BHP for Noront
ASX closes higher on property and energy gains, Wyloo Metals trumps BHP offer for Noront, Charter Hall surges on guidance and ANZ arm extends Cashrewards takeover.
Welcome to the Trading Day blog for Monday, December 13. The Australian share market ended Monday in the green on strong gains among real estate and energy stocks. It comes as Wyloo Metals trumps BHP's offer for Noront and Ramsay buys Elysium Health for $1.4bn.
The S&P/ASX 200 closed Monday 0.35 per cent higher at 7379.3, while the broader All Ordinaries index finished up by 0.4 per cent.
The Dow Jones Industrial Average rose more than 200 points on Friday, to be up 0.6 per cent, the S&P 500 gained 1 per cent and tech-heavy Nasdaq advanced 0.7 per cent.
Iron ore lost 3.8 per cent Friday to $US102.6 a tonne amid concern about oversupply. The US Nymex crude price added 1.4 per cent to $US71.96 a barrel.
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