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ASX 200 closes 0.2% higher on banks, miners, health care

Australian markets have  closed 0.2 per cent higher amid stronger global shares with Crown Resorts gaining on a new offer.

Australian markets are looking to stage a recovery after a bad week for investors. Picture: Gaye Gerard
Australian markets are looking to stage a recovery after a bad week for investors. Picture: Gaye Gerard

Welcome to the Trading Day blog for Friday, November 19. The ASX closed 0.2 per cent higher on banks, miners and health care amid stronger global markets.  Crown Resort's share price soared after Blackstone launched a fresh bid. 

 

The S&P/ASX 200  closed up 0.2% at 7396.5 after hitting a two-day high of 7404.9 with Crown Resorts and Treasury Wines among those seeing big gains. 

The Dow Jones Industrial Average closed 0.2 per cent lower, the S&P 500 0.3 per cent higher and tech-heavy Nasdaq up by 0.5 per cent.

Iron ore fell 3.1 per cent yesterday to $US87.20 a tonne. The US Nymex crude price is 0.8 per cent higher at $US79.01 a barrel.

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Original URL: https://www.theaustralian.com.au/business/trading-day/asx-200-to-open-slightly-higher-after-mixed-day-on-wall-street/live-coverage/b4ffbf42d055e80314fb8e9a38b33207