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