Insignia Financial leapt after a $3.3 billion takeover by private equity firm CC Capital.

MARKET WRAP:

• ASX200: up 0.1% to 8,677
• GOLD: $3,385/oz
• BITCOIN: $181,877

• Rio Tinto jumped 3.4 per cent to $118.32, Fortescue 3.3 per cent to $17.81 and BHP gained 2.6 per cent to $41.51 per cent.
• Shares of Ramelius surged 8.1 per cent to $2.66 – its best day in 15 weeks, while Newmont gained 2.8 per cent to $92.
• CBA slumped 3.1 per cent to $172.42, wiping roughly 30 points from the index due to its market heft.
• National Australia Bank falling 2.7 per cent to $37.22, Westpac 1.3 per cent to $32.65 and ANZ closed down 0.8 per cent to $29.82.
• Insignia Financial was the best performer on the ASX 200, surging 12.2 per cent to $4.41 after CC Capital agreed to a $3.3 billion deal

CURRENCY UPDATE:

• AUD/USD: 65.2 US cents
• AUD/GBP: 48.4 British pence
• AUD/EUR: 56 Euro cents
• AUD/JPY: 96 Yen
• AUD/NZD: 1.09 NZ dollars