ASX200 gains 0.1% with Evolution up 9.7% and Telstra at a 4-year high

Australia's S&P/ASX 200 index stabilised despite further falls in banks, with Evolution up 9.7%, Telstra at a 4-year high, and Macquarie at a record. ANZ tips housing slowdown and CBA boosts Nick Scali stake. 

The Australian stock market recorded its heaviest loss in nearly three weeks on Wednesday. Picture: Jeremy Piper.

Welcome to the Trading Day blog for Thursday, November 18. The S&P/ASX 200 has closed up 0.1% despite further fall in banks

The S&P/ASX 200 index closed up 0.1% with help from CSL, TLS, EVN, MQG, GMG and SHL

The Dow Jones Industrial Average closed down 0.6 per cent, the S&P 500 fell 0.3 per cent, and the tech-heavy Nasdaq also lost 0.3 per cent.

Iron ore fell 0.5 per cent overnight to $US89.95 a tonne. The US Nymex crude price fell 3 per cent to $US78.36 a barrel.