ASX 200 gains; Lake Resources soars on Kachi milestone, AMA Group tanks 35pc amid downgrade
Court approves BHP's OZ Minerals buy. Iron ore nears 2023 low. Regis dives on output cut. AMA tanks on downgrade. Lake in key Kachi milestone. ACCC extends Suncorp-ANZ probe.
Welcome to the Trading Day blog for Monday, April 17. The Australian sharemarket saw its highest close since the middle of February as real estate and consumer discretionary stocks headlined broad gains across most sectors.
The S&P/ASX 200 gained 19.92 points, or by 0.3 per cent to 7381.50. It was the best close for the index since February 16 and takes total gains for April to 2.8 per cent.
Wall Street is expected to rise this evening with futures tied to the S&P 500, Nasdaq and Dow Jones all slightly higher.
The dollar was buying US67.15c at the close.
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