Star Entertainment has got its lifeline, but with losses of $1.7 billion in the last year, is it too little too late?

MARKET WRAP:

• ASX200: up 0.95%, 8,203
• GOLD: $2,693 US/oz
• BITCOIN: $93,043 AUD

• Sliding late in the day was the Energy sector, which dropped 1.1% as the price of Brent Crude plunged in late trading.
• Woodside closing down 2.7% to $24.70 and Santos dropped 2.3% to $6.92.
• Commonwealth, Westpac and ANZ all finished down. 
• Underwear retailer Step One fell 8.8% on the news that its founder and chief executive was selling stock.
• Brickworks saw shares jump 7.2% after beating expectations to post a net loss of $119 million for the year.
• Consumer Discretionary winners included Wesfarmers, up 1.5%, Aristocrat Leisure, rising 2.8%, and JB Hi-Fi, up 3%.
• BHP & CSL lifted 1.6%, as Wisetech Global gained 2.8%.

CURRENCY UPDATE:

• AUD/USD: 68.68 US cents
• AUD/GBP: 51.4 pence
• AUD/EUR: 61 Euro cents
• AUD/JPY: 99 Japanese yen
• AUD/NZD: 1.09 NZ dollars