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ASX to open weaker as investors farewell 2020 – Sydney Morning Herald

The Australian sharemarket looks set to start the final session of the year softer, despite US stocks moving up on the back of stimulus and vaccine optimism.

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The Australian sharemarket looks set to start the final session of the year weaker, despite US stocks moving up on the back of stimulus and vaccine optimism .
The SPI futures index, down 0.25 per cent, or 16.5 points, pointed to a soft start as local investors look to close off a turbulent 2020, which has seen the benchmark S&P/ASX 200 index recover from the pandemic-induced lows in March.
Having hit highs of 7162.5 points in February, the index tumbled to a low of 4546 points in March as COVID-19…

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