ASX 200 Rebounds as Macquarie’s $11.6bn Qube Bid and BHP’s Anglo Exit Reshape Australia’s Market – 24 November 2025
Sydney, 24 November 2025 – Australia’s sharemarket roared back to life on Monday as a blockbuster takeover tilt for Qube Holdings and a decisive move by BHP to abandon its pursuit of Anglo American dominated trading. The S&P/ASX 200 closed up 1.3% at 8,525.10, its strongest session since mid‑July, snapping a bruising run that had dragged the benchmark to six‑month lows. Business Recorder+1 Driving the rebound were two big stories: Below is a detailed breakdown of what happened today, why it matters, and what it could mean for investors. ASX 200 logs best day in months on rate‑cut hopes Australian