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ASX 200 down; Woodside, Santos lift as oil spikes 5pc on Biden's Iran oil strike comment; Mesoblast up

US President Joe Biden triggers oil price jump. Mesoblast top gainer. Sinopec wants price review on APLNG deal. Platinum grants Regal access for higher offer.  Ratings upgrade for Cochlear. Optimism underpinning latest Bendigo Bank, UBS forecasts.

Valerina Changarathil and Joseph Carbone
less than 2 min read
7:11AMOctober 04, 2024.
Updated 5:02PMOctober 04, 2024
The Australian Business Network
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Escalating Middle East tensions have sent oil prices soaring in recent days, putting equity investors on edge. Picture: Frederic J Brown/AFP.
Escalating Middle East tensions have sent oil prices soaring in recent days, putting equity investors on edge. Picture: Frederic J Brown/AFP.

Welcome to the Trading Day blog for Friday, October 4. The ASX 200 index closed 0.7 per cent lower to 8150 points, led by mining falls.

The Aussie dollar is trading around US68.40c at 5pm AEST.

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Regis investors seek dividend clarity
Bridget Carter

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Original URL: https://www.theaustralian.com.au/business/trading-day/asx-200-to-fall-woodside-santos-on-watch-as-oil-spikes-5pc-on-bidens-iran-oil-strike-comment-wall-street-on-edge/live-coverage/a36026f6af70ba1aec7c309bae86050a