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ASX 200 lifts; AusSuper lifts Origin stake; Westpac gains on $1.5bn buyback

AustralianSuper 'solidifying' Origin stake at more than 15 per cent. Independent expert maintains Origin bid is fair. Westpac's profit soars, dividend up amid buyback. Magellan down on outflows. 

Local investors have a big week of earnings, AGMs and economic decisions ahead. Picture: Gaye Gerard.
Local investors have a big week of earnings, AGMs and economic decisions ahead. Picture: Gaye Gerard.

Welcome to the Trading Day blog for Monday, November 6. The ASX 200 closes 0.3 per cent higher at 6997.40 points, led by health, consumer and bank stocks. 

The Aussie dollar is near US65.07c.

Originally published as ASX 200 lifts; AusSuper lifts Origin stake; Westpac gains on $1.5bn buyback

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Original URL: https://www.themercury.com.au/business/asx-200-to-edge-up-westpac-nab-results-in-focus-rba-rate-call/live-coverage/27ded4f8a2136bb13b45f3c495b550e2