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ASX trims lead; CBA above $98; Bitcoin slide accelerates – The Sydney Morning Herald

The ASX 200 started strong on Monday but handed back its early lead, closing just 0.1 per cent higher at 7023.6. US futures were subdued.



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The Australian sharemarket surrendered a strong early lead to close narrowly higher on Monday, with a new record for Commonwealth Bank and gains for the gold miners preventing the session from ending in the red.
The ASX 200 finished 9.4 points higher on Monday at 7023.6.
A strong Wall Street lead helped the local benchmark rise by as much as 0.7 per cent in morning trade before the momentum evaporated.
The S&P/ASX 200 gained 0.1 per cent on Monday, having gained by as much as 0.7 per cent at the…

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