The US rate cut decision sent Wall Street down, but Australia’s market still continues to hit new records.

MARKET WRAP:

• ASX200: up 0.09%, 8,205
• GOLD: $2,665 US/oz
• BITCOIN: $88,072 AUD

• Sigma healthcare had no new news on its planned merge with Chemist Warehouse but shares were up 7% to $2.05
• Mesoblast also took off closing up 8% to $1.35 well off its 52 week low of 25 cents
• In the REIT space Dexus up 2.6% to $7.78, Charter Hall 1.9% to $15.89 and Hotel Property Investments up 1 cent to $3.77.
• Pilbara Minerals was one of the worst after a block trade of $270 million was done at a 4% discount to its price yesterday shares down 4.8% to $3.15
• ARB corporation lost 5% to $44.26
• Droneshield lost 3.7% to $1.39
• GYG shares down 2% to $38.50. Collins Foods going the other way, up just under 2% to $8.77 on a broker rating

CURRENCY UPDATE:

• AUD/USD: 68.55 US cents
• AUD/GBP: 52.3 pence
• AUD/EUR: 62 Euro cents
• AUD/JPY: 100 Japanese yen
• AUD/NZD: 1.10 NZ dollars