
S&P/ASX 200 Tipped To Bounce Back
The Australian share market, or S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO), is expected to open higher on Wednesday, following the Dow Jones Industrial Average (INDEX:.DJI) upwards.
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The Australian share market, or S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO), is expected to open higher on Wednesday, following the Dow Jones Industrial Average (INDEX:.DJI) upwards.
The ALL ORDINARIES (INDEXASX:XAO)(ASX:XAO) index slumped 3.2% on Tuesday, following Commonwealth Bank of Australia (ASX:CBA) and BHP Billiton Limited (ASX:BHP) shares lower.
Macquarie Group Ltd (ASX:MQG) shares fell 4.5% on Tuesday despite guiding for a 10% jump in full-year profit.
Magellan Financial Group Ltd (ASX: MFG) will be a focal point following the release of its half-year financial report and the takeover deals for Airlie Funds Management and Frontier Partners.
The Australian share market, or S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO), is expected to open lower on Tuesday, following the Dow Jones Industrial Average (INDEX:.DJI) lower.
Wesfarmers Ltd (ASX:WES) shares closed 4.5% lower on Monday, weighing on the ALL ORDINARIES (INDEXASX:XAO)(ASX:XAO) index.
CBL Corporation Limited (ASX:CBL) shares fell 3.5% on Monday after the specialist insurance company filed a trading update with the ASX.
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