ASX closes up 0.4%; Elders, Incitec soar on profit; Mesoblast surges
ASX closes up 0.4 per cent. Healthcare stocks up 1.2% as a sector, Woodside lines up a Pluto stake sale, Elders and Incitec book profit.
Welcome to the Trading Day blog for Monday, November 15. ASX 200 closed up 0.4 per cent. Healthcare stocks surged led by Mesoblast, Woodside has a stake deal for Pluto Train 2, Incitec and Elders have posted profits.
ASX closed up 0.4 per cent to 7470.1.
The Dow Jones Industrial Average closed Friday up 0.5 per cent, the S&P 500 was 0.7 per cent higher, while the Nasdaq Composite rose 1.0 per cent.
The US Nymex crude (WTI) price dropped 0.8 per cent to $US80.79 a barrel to post losses for a third straight week.
Iron ore fell 4.7 per cent to $US89.75 a tonne amid ongoing demand concerns, particularly from China.
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