Money News With Ross Greenwood: Highlights

The Market Wrap with Kate Hanrahan, Private Client Adviser, Sequoia Wealth Management

Informações:

Synopsis

BHP will ask for even more time to get a takeover deal for resources giant Anglo American done. ASX200: down 1.30% to 7,665 AUD: buying 66.54 US cents GOLD: $2,371 USD/oz BITCOIN: $101,857 AUD Every sector was in the red, with Industrials, Staples and Financials all falling more than 1.5% A fall in the iron ore price wasn’t great news for our miners, as Fortescue lost 3.6% to $25.57 and Rio Tinto was down 1.5% to $129.66. Recent jumps for Neuren Pharmaceuticals were offset by falls of 9.3% today. Lendlease shed 2.4% after it said it had struck a deal to sell off its US construction business. And a poor day for Consumer Staples stocks, with Woolworths down 1.3%, Coles dropping 2%, and Treasury Wines off 4.5%. Heading the other way was Fisher & Paykel, which had good optimism on 2025 net profit, with shares up 3.7%. Gold miner Ramelius may have dropped 7.3% on news of a possible deal, but on the other side of it Westgold Resources climbed 6.5%. And BHP finished the day flat as the next deadline for its