After a surge of enthusiasm pushed the ASX 200 through 6,200 this morning, it was all downhill from there, to finish at 0.2% down.

Buy-now-pay-later and e-commerce stocks all got a reality check today after the recent surges. A takeover offer from Coke Europe pushed Coca-Cola Amatil up more than 16%, with the local board backing the deal. Westpac's announcement that its earnings would take a $1.2 billion hit from a raft of writedowns and the costs of defending its anti-money laundering case only had a marginal effect on the share price today (down 0.4%) reflecting the market's view that the cost is a one off which has already been priced in. Our top three VODs today are:Banks Panel: Omkar's backing ANZ while Nathan likes WestpacHead for Chinese equities as bond yields head south to zeroCEO Chat: The big debit from Zebit's IPO Hosted on Acast. See acast.com/privacy for more information.