ASX live coverage: ASX up before Trump inuguration; Insignia opens books to CC Capital
Local bourse rides US gains after 'very good' talk between Donald Trump and Xi Jinping before US inauguration. Star warns of ‘material uncertainty’ over ability to continue as going concern after cash flow update. CC Capital gets edge over bidding rival Bain for Insignia.
Welcome to the Trading Day blog for Monday, January 20. The ASX 200 is up 0.6 per cent at 8356.1 points at 3.10 AEDT. The market is quite before Martin Luther King Day and Trump's inauguration on Monday. However, risk sentiment continues to be buoyed by a "very good" call between Trump and Xi on Friday.
Cryptocurrency market leader bitcoin is currently trading above $US101,000.
The Aussie dollar is trading around US62.09c.
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