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The Market Wrap with Evan Lucas, InvestSMART

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Fruit & veg titans Costa have received a takeover proposal, but could there be a bidding war around the sale?

MARKET WRAP:

    • ASX200: up 0.45%, 7,279
    • AUD: 66.83 US cents
    • GOLD: $1,935 US/oz
    • BITCOIN: $46,388 AUD
  • Six out of the 11 industry sectors were in the green
  • The energy sector rose 1.2 per cent. 
  • Woodside Energy shares rallied 1.4 percent
  • Whitehaven Coal climbed 2.4 percent
  • Karoon increased 2 percent
  • Yancoal added 1.7 per cent
  • Commonwealth Bank shares rallied 1.3 per cent
  • Westpac rose 1.2 per cent
  • National Australia Bank increased 1.3 per cent 
  • ANZ jumped 1.2 per cent
  • Mirvac Group shares increased 2.2 per cent
  • Lendlease rose 1.8 per cent
  • Stockland up 1.1 percent
  • Goodman advanced 0.7 percent
  • Costa shares rallied 12.1 per cent after it received a takeover proposal
  • Rio was down 1% to $114.29
  • Fortescue giving up its early gains to close at $22.07
  • BHP also down a touch but still closed above $45.
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