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As it happened: Thanksgiving lull softens fourth weekly gain for ASX

Summary

  • The ASX 200 finished 0.5% lower at 6601.1 amid light Thanksgiving trade on Friday. The index still rose 0.9% for the week, its fourth straight in a record November run
  • Wall Street was closed overnight and will only be open for a half-day tonight
  • Shares in Treasury Wines were halted after China announces tariffs of up to 200% on Australian wines. The company dropped 11.3% before pausing on Friday
  • Shares Bega Cheese surged as much as 11.8 per cent to $5.57 in early trade after it said it had successfully completed the first steps of its $401m capital raising 

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