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ASX 200 rebounds; Collins Foods soars on earnings beat, iron ore jumps the most since May

Collins Foods jumps on eight-month high after earnings beat. Iron ore in biggest jump since May. Bega to sell $115m Port Melbourne site. Medibank falls on APRA's $250m hit.

ASX rollercoaster continues with investors weighing local economic news with global rates, inflation and geopolitical developments. Picture: David Swift
ASX rollercoaster continues with investors weighing local economic news with global rates, inflation and geopolitical developments. Picture: David Swift

Welcome to the Trading Day blog for Tuesday, June 27. The S&P/ASX 200 snapped a four-day losing streak as it rose 0.6 per cent to 7118.20 after strong gains in real estate and as iron ore saw its biggest rise in a month.

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Original URL: https://www.theaustralian.com.au/business/trading-day/live-asx-200-to-rise-tesla-tech-losses-hit-wall-st/live-coverage/b3982c3014ea02375ed5ea288c9cb2cf