ASX 200 rebounds, posts strong monthly gain; Origin falls; first strike for Mayne Pharma
ASX 200 has second best month of 2023. Origin rejects Plan B. Australian 7-Eleven business sold for $1.7bn. Guthrie ousted from Mighty Kingdom board. Iress soars.
Welcome to the Trading Day blog for Thursday, November 30. The ASX 200 index closes 0.7 per cent higher at 7087.30 points. The benchmark index is up about 4.5 per cent for November. Wall Street ended mixed.
The Aussie dollar is trading near US66.45c.
ASX 200 rises after RBA minutes; St Barbara tanks
Domestic shares closed higher after the release of minutes from the RBA’s last meeting for 2024, which received some support from the IMF overnight. SBM hit with PNG tax bill.
ASX finishes strongly, led by banks
The sharemarket closed 1.7 per cent higher, with gains across the board, led by the heavyweight financial sector. News Corp found strong support after its mega $3.4bn Foxtel deal.