Collins Foods will offload Taco Bell, but can it be blamed on the rise of Guzman y Gomez?

MARKET WRAP:

• ASX200: up 0.17% to 7,761
• GOLD: $3,246 US/oz
• BITCOIN: $135,130 AUD

• Collins shares down almost 8% to $8.00, while rival GYG falling 0.3% to $33.40.
• Evolution Mining hit a record high today up just under 4% to $8.21
• CSL had a healthy day up 2.6% to $244.10 but still well off its 52 week high of $313.55.
• Resmed also a touch higher
• The big 4 banks were all higher led by Westpac up 0.8% to $30.76.
• BHP and RIO both up with Fortescue the standout up 0.8% to $15.32 
• Treasury Wine stocks fell 3.4% to $8.30.
• Wesfarmers marginally weaker to $74.21
• Aristocrat Leisure also fell 1.2% to $62.21.
• Star Entertainment released its half year results, posting a loss of $300 million for the half.

CURRENCY UPDATE:

• AUD/USD: 63.6 US cents
• AUD/GBP: 48.1 pence
• AUD/EUR: 56 Euro cents
• AUD/JPY: 91 Japanese yen
• AUD/NZD: 1.07 NZ dollars