AU Morning Wrap: ASX 200 Rises by Broad Buying; ANZ Sells Stake in Malaysian Bank

Indexs fell Thursday after harsh earnings reactions. Overall, there was more green than red out there, but by the numbers after the close, the $S&P 500 Index(.SPX.US)$ traded -0.60%, the $Dow Jones Industrial Average(.DJI.US)$ fell about 0.86%, and the $Nasdaq Composite Index(.IXIC.US)$ fell 1.08%.

The $U.S. 2-Year Treasury Notes Yield(US2Y.BD)$ climbed to 4.93%, and the $U.S. 10-Year Treasury Notes Yield(US10Y.BD)$ 4.56%.

Gold miners were among the top performers, with the price of gold edging higher to $US2343 an ounce. $Northern Star Resources Ltd(NST.AU)$ rose 1.9% to $14.24 and $Newmont Corp(NEM.AU)$ gained 1.7% to $63.05.

The $AUD/USD(AUDUSD.FX)$ is trading at US66.32¢, a decrease of 0.01%.

As of latest data, $Bitcoin(BTC.CC)$ is priced at $68,355, up 0.94% in the past 24 hours, while $Ethereum(ETH.CC)$ is priced at $3,747, down 0.77% in the past 24 hours.

Shares in $Telix Pharmaceuticals Ltd(TLX.AU)$ surged by 8.6% to $17.10 after broker Wilsons issued a positive note on the biotech company. Telix Pharmaceuticals has experienced significant growth in recent years, with a rise of approximately 1380% in the past five years, resulting in a current valuation of $5.4 billion.

Irish building products group $CRH PLC(CRH.US)$ has received approval from the Foreign Investment Review Board for its proposed $2.1 billion buyout of cement group $Adbri Ltd(ABC.AU)$ . The acquisition will allow CRH to expand its presence in the Australian construction materials market.

Shares in medical imaging company $Pro Medicus Ltd(PME.AU)$ reached a record high of $124.50, surging by 3.7%.

$ANZ Group Holdings Ltd(ANZ.AU)$ has agreed to sell its remaining 5.2% stake in Malaysian bank $AMBANK(1015.MY)$ via a block trade at 4.10 ringgit per share. This move marks ANZ's complete exit from AmBank and is part of the bank's ongoing efforts to simplify its operations and focus on its core businesses.