Trading Day: ASX ends up 0.1% at day's low; CBA up 1.3%

Australia's share market trimmed a solid intraday rise to close up 0.1% at the day's low of 7023.6; CBA, Aristocrat, Xero, gold miners up.

Australian stocks could be vulnerable after China said it will roll out measures to take the steam out of soaring iron ore and steel rebar prices.Picture: Christian Gilles

Welcome to the Trading Day blog for Monday, May 17. Stocks still in the green at lunch after fading from a 3-day high, amid slightly weaker China data. Ampol and Viva rose after keeping refineries open following a government aid deal.

As Crown Resorts rejected a Blackstone takeover bid, the Victorian royal commission into the gaming company began hearing evidence.