M&A the name of the game; China data lags
Markets ended in the green despite, China's Q3 GDP figure which came in worse than analysts' expectations, while Kiwi Q2 CPI overshot. Energy and metal-centric stocks rallied. It may have helped that Sydney eased more COVID-19 restrictions just a week after lifting its lockdown. Travel names REX and Qantas also got some buying action due to the NSW reopening while online trader Kogan and gold miner Evolution dealt with most of the selling.
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