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ASX 200 falls from record high; PWR drops 30pc; Amcor, Berry merger; Pinnacle raise; Nick Scali profit warning
EV volatility erodes profit at auto group PWR Holdings. Analysts unpack Amcor's $13bn Berry buy. Pinnacle to raise $425m. Freight issue risks Nick Scali profit. Super funds on track for healthy return.
Welcome to the Trading Day blog for Wednesday, November 20. The ASX 200 index is down 0.4 per cent to 8343.80 points at 12.15pm AEDT - moving firmly on from its record close on Tuesday. US futures rise slightly.
The Aussie dollar is trading around US65.29c.
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Originally published as ASX 200 falls from record high; PWR drops 30pc; Amcor, Berry merger; Pinnacle raise; Nick Scali profit warning