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AU Evening Wrap: Australia Shares Rise 0.8% as Bank Stocks Gain
Australia shares rise 0.8% as bank stocks gain. Nine of its eleven sectors finished higher, with the heavyweight financials' 1.5% rise at the forefront.
AU Morning Wrap: ASX Gains; Lovisa Dives Amid CEO Departure
ASX gains; Lovisa dives amid CEO departure. Stocks to watch: Lovisa, APM, Regal Partners, Fletcher Building.
AU Evening Wrap: Australia Shares Rise 1%, Paring Recent Losses
Australia shares rise 1%, paring its recent losses but still slipping to a second straight weekly loss. Consumer stocks were among Friday's largest gainers, with travel-related companies, discretionary retailers and supermarkets all rising.
AU Morning Wrap: ASX 200 Rises by Broad Buying; ANZ Sells Stake in Malaysian Bank
ASX 200 rises by broad buying; ANZ sells stake in Malaysian bank. Stocks to watch: Telix Pharmaceuticals, Adbri, Pro Medicus.
Lendlease to Exit Global Ambitions: What Prompts the Property Giant's Pivot?
Lendlease has announced plans to exit all international property development and sell its overseas construction divisions on Monday, marking the largest shake-up at one of Australia's largest real estate groups since the sale of MLC to the NAB over two decades ago.
AU Evening Wrap: Australia Shares Fall 0.5% for Third Straight Decline
Australia shares fell 0.5% for third straight decline amid weakness in shares of large banks and miners. The heavyweight materials sector lost 1.9%.