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ASX 200 edges to highest level since May; New Hope dives on production update, gold miners gain

Shares close at highest level since May on tech and real estate. AGL gets $20m to keep plant open, Whitehaven dives on CEO sale, Nick Scali soars on outlook and iron ore miners lift.

Equity investors are focused on rates, inflation and corporate updates. Picture: Gaye Gerard
Equity investors are focused on rates, inflation and corporate updates. Picture: Gaye Gerard
The Australian Business Network

Welcome to the Trading Day blog for Thursday, November 24. The Australian sharemarket rose for a third consecutive session on gains in the tech and real estate sectors.

The S&P/ASX 200 index edged 0.1 per cent higher to 7241.80 after being up by 0.5 per cent earlier in the day.

Brent crude fell 3.3 per cent overnight to $US85.41 per barrel and the US Nymex slid 3.7 per cent to $US77.94.

The dollar was buying US67.41c at the open. 

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Original URL: https://www.theaustralian.com.au/business/trading-day/live-asx-200-to-rise-wall-st-lifts-on-fed-slowdown-signal/live-coverage/c5f7faf75534f2206d15c7da75d7da54