ASX 200 live: Rio, Glencore merger talks; Lynas falls; CC Capital ups Insignia bid; China Dec quarter GDP beats estimates
Banks weigh after a bearish note from Citi. Miners supported after China's GDP surprise. Rio Tinto, Glencore reportedly in merger talks. Insignia soars after CC Capital outbids Bain. Lovisa gains on broker upgrade.
Welcome to the Trading Day blog for Friday, January 17. The ASX 200 index closed 0.2 per cent lower to 8310.40 points, led by banking sector falls.
On Wall Street, the S&P 500 and Dow Jones indexes closed 0.2 per cent lower and the technology-focused Nasdaq ended 0.9 per cent weaker.
Cryptocurrency bitcoin above $US101,000.
The Aussie dollar is trading near US61.99c at 5pm AEDT.
Originally published as ASX 200 live: Rio, Glencore merger talks; Lynas falls; CC Capital ups Insignia bid; China Dec quarter GDP beats estimates
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