ASX 200 trims gains; bitcoin above $US100,000; HMC Capital's $950m Neoen buy; Rio Tinto's China, dual listing pressures
Bitcoin hits much-awaited milestone. Rio Tinto's buyback, dual-listing pressures mount. HMC rises on $950m energy buyout. Kmart finds new boss. Aristocrat gaming arm names new CEO. Woolworths strike action 'concerning': Wesfarmers boss.
Welcome to the Trading Day blog for Thursday, December 5. The ASX 200 index closed 0.2 per cent higher to 8474.90 points.
On Wall Street, all three major indexes hit records. The S&P 500 closed up 0.6 per cent, the technology-focused Nasdaq Composite gained 1.3 per cent and the Dow Jones index lifted 0.7 per cent to close above 45,000 points for the first time.
Cryptocurrency market leader bitcoin is trading above $US103,000 at 4.30pm AEDT.
The Aussie dollar is trading around US64.34c at 4.30pm AEDT.
More Coverage
ASX 200 rises after RBA minutes; St Barbara tanks
Domestic shares closed higher after the release of minutes from the RBA’s last meeting for 2024, which received some support from the IMF overnight. SBM hit with PNG tax bill.
ASX finishes strongly, led by banks
The sharemarket closed 1.7 per cent higher, with gains across the board, led by the heavyweight financial sector. News Corp found strong support after its mega $3.4bn Foxtel deal.