PEAK ASSET: AFTERNOON WRAP 23 NOVEMBER: ASX up Australian Gold and Copper launches IPO with seven drill-ready targets in the Lachlan Fold Belt China stocks rally as cyclicals gain on recovery hopes; Hong Kong shares down

News Snapshot:

Happy Monday! It's certainly been a busy day at PeakHQ. Our new placement opportunity ASX:SBR with listed in the money options received strong demand with over $11m in bids today! Now for the fun part, sorting allocations… Across markets… This Afternoon , the S&P/ASX 200 Index closed 0.3 per cent higher at 6561.6 points, leaving the benchmark at its highest level since late February. Energy was the best performing sector and material was not far behind. Oil Search shares rose 4.8 per cent to close at $3.71 and Fortescue Metals Group climbed 3.9 per cent to $17.61. Oil prices are...