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ASX 200 rises; Incitec Pivot jumps on takeover approaches, Bubs takes distributor fight to court

Energy and miners headline gains. Incitec Pivot jumps on takeover approaches. RBA to meet less in 2024. Bubs takes distributor fight to court. KMD warns of weak trading.

David Rogers, Valerina Changarathil, Hayden Johnson and Matt Bell
less than 2 min read
6:10AMJuly 12, 2023.
Updated 5:13PMJuly 12, 2023
The Australian Business Network
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Equity markets globally are awaiting an update on US inflation this week. Picture: Gaye Gerard
Equity markets globally are awaiting an update on US inflation this week. Picture: Gaye Gerard

Welcome to the Trading Day blog for Wednesday, July 12. Strong gains by oil and mining stocks saw the S&P/ASX 200 index rise 0.4 per cent to 7135.70, building on from its biggest one-day rally in six months on Tuesday.

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Original URL: https://www.theaustralian.com.au/business/trading-day/live-asx-200-to-rise-before-lowe-speech-activision-soars/live-coverage/f0d2aca980fd479f3c5e2ed5b907ea58