Australian Stock Market Today: ASX 200 Rebounds Above 8,500 as Takeover Deals Spark Rally – 24 November 2025
The S&P/ASX 200 surged 1.2% to close at 8,518.6 in Sydney on Monday, rebounding above 8,500 amid takeover bids for Qube Holdings and Monash IVF. Over 700 stocks advanced, and volatility dropped 10%. The All Ordinaries rose 1.24%. The Australian dollar held steady near US$0.65.