Australian shares ended the financial year on a strong note, with local stocks closing higher and the Australian dollar also rising.
Meanwhile, Star Entertainment reported that its Hong Kong investors are seeking to cancel their planned purchase of the company’s Brisbane casino stake, though Star says talks will continue.
Catch up on the day’s developments with our business blog, featuring news and analysis.
Note: This blog does not provide investment advice.
ASX 200: Up 0.3% to 8,542 points (see live updates below)
Australian dollar: Gained 0.3%, now at 65.45 US cents
Asia: Nikkei rose 0.6%, Hang Seng slipped 0.4%, Shanghai added 0.2%
Wall Street (Friday): Dow +1.0%, S&P 500 +0.5%, Nasdaq +0.4%
Europe (Friday): DAX climbed 1.6%, FTSE up 0.7%, Eurostoxx advanced 1.4%
Gold (spot price): Increased 0.5% to $US3,290 per ounce
Brent crude: Edged up 0.1% to $US67.82 per barrel
Iron ore (Friday): Rose 1.3% to $US94.60 per tonne
Bitcoin: Up 0.8%, trading at $US108,273
