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Market Wraps

Closing Bell 20 November

Bell Direct

November 20, 2019

Trump’s fresh threats jitter markets. ASX200 loses 1.3%, but there were pockets of gold. Here is what you need to know now. Aristocrat shares +6% (hitting a new all-time high), TechnologyOne shares +11% on solid outlook. Saracen fell 9% after raising funds ($703 million) for its $1.1 billion purchase of one of Australia's largest gold mines (but Citi & Macquarie expect Saracen shares to rise to $4.10-$4.40).