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ASX slips; Harvey Norman’s record year; PointsBet up 72% on NBC deal – The Sydney Morning Herald

The ASX 200 fell 0.7% at the open, even after Wall St rose on an historic shift in US monetary policy. Harvey Norman and Costa Group rose on their results.

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The large statutory net loss was expected, after the company flagged substantial details of its results early this week, when it revealed the $1.3 billion-plus impairment. But Boral did not reveal until today the bottom-line result.
The company, which recently appointed Zlatko Todorcevski as its new chief executive to succeed long-serving leader Mike Kane, will not pay a final dividend. It said it would not pay a final dividend because of the significant uncertainty in the economic outlook, and…

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