ASX 200 gains; Liontown and Appen plunge; Perseus to bid for OreCorp
Critical minerals pullbacks by Liontown, Chalice, South32 and Andrew Forrest's Wyloo. OreCorp battle heats up. Appen plunges after losing Google contract. Zip gains.
Welcome to the Trading Day blog for Monday, January 22. The ASX 200 index closed 0.8 per cent higher to 7,476.60 points at, led by consumer and banking stocks. Wall Street hit record highs.
The Aussie dollar is trading around US65.98c.
Originally published as ASX 200 gains; Liontown and Appen plunge; Perseus to bid for OreCorp
Rate cuts, equity uncertainty help revive property play
The housing market is ripe with action, but there’s a new kind of investor - not the wealthier older Australian, rather the younger ‘rentvestor’.
The glamour rebellion: secrets behind the $1bn Mecca empire
Mecca is a marketing machine that captured Australian women, but has it peaked? A rebellion among some once loyal customers suggest yes while others say it’s a brand worthy of devotion.