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ASX 200 closes up 88 points to 7020 rebounding from yesterdays rout with CBA up a huge 3.2% after jobs numbers surprised with a drop to 5.5% unemployed but a reduction in jobs. Banks were teh stand out with APT having a sold bounce following a broker report with a PT of $120. QAN rose 3.5% after a business update on continued cost cutting and EML rose by 3,9% after the rout yesterday Well off the days high though. NXL back on the front page and slipping 6.8%. Asian markets modestly higher and Bitcoin remains volatile.
By Marcus TodayCLICK HERE to sign up for a free trial of the Marcus Today newsletter including our daily STRATEGY PODCAST.
ASX 200 closes up 88 points to 7020 rebounding from yesterdays rout with CBA up a huge 3.2% after jobs numbers surprised with a drop to 5.5% unemployed but a reduction in jobs. Banks were teh stand out with APT having a sold bounce following a broker report with a PT of $120. QAN rose 3.5% after a business update on continued cost cutting and EML rose by 3,9% after the rout yesterday Well off the days high though. NXL back on the front page and slipping 6.8%. Asian markets modestly higher and Bitcoin remains volatile.

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