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Australia… One Hour In… ASX200 down 62

ASX200 down 62 points (0.9%) to 7257. Ampol (+3.5%) / Z Energy (+6%) ; after months of talks, Ampol has bid a total of NZ$4.03 for Z Energy.

ASX200 down 62 points (0.9%) to 7257.

 

  • Acrux (-3.8%); its license agreement with Harris Pharmaceutical has been terminated due to Harris filing for Chapter 11.
  • Ampol (+3.5%) / Z Energy (+6%) ; after months of talks, Ampol has bid a total of NZ$4.03 for Z Energy.
  • Aust Pharmaceutical (+0.3%); has raised its FY earnings guidance on a stronger-than-expected performance from its distribution business.
  • Cimic (+0.1%); its UGL business has secured $135m worth of contracts.
  • Downer (-1%); said it would sell its Open Cut Mining East business for $150m, the final step in the company’s divestment of its mining portfolio.
  • GPT (-1.5%); confirmed it is in discussions with two separate parties regarding the potential divestments of Wollongong Central and Casuarina Square.
  • IAG (+2.3%) / Suncorp (-0.3%); Federal Court found in favour of Insurers on a number of policy wording questions
  • Pantera Minerals (TH); the heavy metal miner in Trading Halt.
  • Star Entertainment (-18%); said a 60 Minutes report into its activities is misleading and it will take appropriate steps to address all allegations.

 

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