ASX 200 breaks records as CSL, CBA gain; Star AGM; IAG-RACQ deal; AVJennings buyout bid by Proprium, Avid; Webjet sued
Star investors vote against CEO pay amid liquidity, viability concerns. ACCC sues Webjet. IAG snaps up most of RACQ underwriting for $855m. AVJennings shares rocket on takeover. Activist group ordered to pay Santos $9m.
Welcome to the Trading Day blog for Thursday, November 28. The ASX 200 index closed 0.5 per cent higher to a record close of 8444.30 points -- after earlier hitting a new intraday record high -- led by strong gains in the health and financial sectors.
On Wall Street, the S&P 500 index closed 0.4 per cent lower, the technology-focused Nasdaq shed 0.6 per cent and the Dow Jones index ended the session down 0.3 per cent.
RBA governor Michele Bullock will be addressing the CEDA annual conference dinner in Sydney just before 8pm AEDT.
Bitcoin has bounced back from recent lows to be above $US97,000.
The Aussie dollar is trading around US64.84c at 5.20pc AEDT.
More Coverage
ASX 200 rises after RBA minutes; St Barbara tanks
Domestic shares closed higher after the release of minutes from the RBA’s last meeting for 2024, which received some support from the IMF overnight. SBM hit with PNG tax bill.
ASX finishes strongly, led by banks
The sharemarket closed 1.7 per cent higher, with gains across the board, led by the heavyweight financial sector. News Corp found strong support after its mega $3.4bn Foxtel deal.