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ASX 200 rises; Star hit with downgrades; Liontown, Synlait book huge losses; Pacific rejects Genesis bid

BHP and Rio lead iron ore gains as billionaire-run Fortescue and MinRes also lift. Richard White's WiseTech up after founder's $46m selldown. Star hit with downgrades. Key Pacific Smiles shareholders reject Genesis bid. AUD above US69c.

Valerina Changarathil and Joseph Carbone
less than 2 min read
7:32AMSeptember 30, 2024.
Updated 5:00PMSeptember 30, 2024
The Australian Business Network
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Busy week ahead for investors with local and overseas economic data and commentary in focus. Picture: Gaye Gerard
Busy week ahead for investors with local and overseas economic data and commentary in focus. Picture: Gaye Gerard

Welcome to the Trading Day blog for Monday, September 30. The ASX 200 index has closed 0.7 per cent higher to 8269.80 points after claiming a new intraday peak of 8285.70 points.

The Aussie dollar is around US69.33c at 5pm AEST.

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Original URL: https://www.theaustralian.com.au/business/trading-day/asx-200-to-rise-star-hit-with-downgrades-woes-raise-crown-worries-aug-retail-data-powell-speech-us-jobs-china-developments-in-focus/live-coverage/1e8480a690c674502d3936fa18a532c0