ASX 200 Rebounds as Macquarie’s $11.6bn Qube Bid and BHP’s Anglo Exit Reshape Australia’s Market – 24 November 2025
The S&P/ASX 200 jumped 1.3% to 8,525.10 on Monday, its strongest session since July, after Macquarie Asset Management launched an A$11.6 billion takeover bid for Qube Holdings and BHP dropped its pursuit of Anglo American. The rally ended a six-week slump for Australian shares.