ASX 200 rebounds; coal miners surge, Star says Bell report 'difficult'

ASX lifts on energy and banks. Coronado leads coal miners rally, Star chair sorry for 'arrogance', Link deal get FIRB nod, Lake Resources extends losses and jobless rate rises.

It’s likely to be a more subdued day on the Aussie sharemarket after $66bn was wiped in a bloodbath on Wednesday . Picture: Gaye Gerard

Welcome to the Trading Day blog for Thursday, September 15. The Australian sharemarket ended higher as coal miners surged and real estate stocks sagged following an unexpected increase in the unemployment rate.

The S&P/ASX 200 index closed 0.2 per cent higher to 6842.90 after being up by 0.7 per cent earlier in the session.

Wall Street closed higher with the S&P500 index up 0.3 per cent at 3946 points while the Nasdaq index gained 0.7 per cent to 11,719 points and the Dow Jones Industrial Average index was up 0.1 per cent to 31,135 points.

US 10-year bond yields fell to 3.41 per cent, while two-year yields are at 14-year highs of near 3.80 per cent.

Oil prices are higher with global benchmark Brent crude rising 0.1 per cent to $US94.10 per barrel and the US Nymex lifted 1.3 per cent to $US88.48 per barrel.

Iron ore futures fell 1.6 per cent to $US100.51 per tonne.

The dollar edged higher to US67.55c at the local close.