The Market Wrap with Carl Capolingua, Content Editor at Market Index
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A deal between Amcor and US group Berry group will see the Aussie packaging giant have 400 factories in its operations. MARKET WRAP: ASX200: down 0.57%, 8,326 GOLD: $2,628 US/oz BITCOIN: $142,306 AUD Utility and Health Care stocks just escaped the losses, with CSL up 1.1% and Pro Medicus rising 1%. Northern Star and Evolution mining both up 1% Small gains for Commonwealth Bank, Infratil and Origin Energy. Amcor’s merger announcement saw down 1.2% to $15.51. Energy stocks were down around 1%, with Woodside & Santos both falling around 0.7%. Nick Scali told the market that freight problems had hurt its guidance, shares fell 1.7% to $13.84. Telstra was down 2.3% and James Hardie fell 2%. CURRENCY UPDATE: AUD/USD: 65.23 US cents AUD/GBP: 51.4 pence AUD/EUR: 61 Euro cents AUD/JPY: 101 Japanese yen AUD/NZD: 1.10 NZ dollars See omnystudio.com/listener for privacy information.
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