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ASX 200 rises; Star hit with downgrades; Liontown, Synlait book huge losses; Pacific rejects Genesis bid

BHP and Rio lead iron ore gains as billionaire-run Fortescue and MinRes also lift. Richard White's WiseTech up after founder's $46m selldown. Star hit with downgrades. Key Pacific Smiles shareholders reject Genesis bid. AUD above US69c.

Busy week ahead for investors with local and overseas economic data and commentary in focus. Picture: Gaye Gerard
Busy week ahead for investors with local and overseas economic data and commentary in focus. Picture: Gaye Gerard

Welcome to the Trading Day blog for Monday, September 30. The ASX 200 index has closed 0.7 per cent higher to 8269.80 points after claiming a new intraday peak of 8285.70 points.

The Aussie dollar is around US69.33c at 5pm AEST.

Originally published as ASX 200 rises; Star hit with downgrades; Liontown, Synlait book huge losses; Pacific rejects Genesis bid

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Original URL: https://www.themercury.com.au/business/companies/asx-200-to-rise-star-hit-with-downgrades-woes-raise-crown-worries-aug-retail-data-powell-speech-us-jobs-china-developments-in-focus/live-coverage/1e8480a690c674502d3936fa18a532c0