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The Market Wrap with Grady Wulff, Market Analyst at Bell Direct

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Domino’s is on the hunt for a new CEO, with the pandemic darling seeing its share price plunge again today.

  • ASX200: up 0.66% to 8,597
  • GOLD: $3,335 US/oz
  • BITCOIN: $164,003
  • James Hardie’s completion of its US$8.4 billion deal for Azek helped it 5.3% higher to $42.93.
  • The hope for rate cuts helped Real Estate stocks, with Goodman rising 2.1%, Scentre up 2.7%, and Dexus rising 3.1%.
  • BHP up 1.7%, Fortescue rising 3.8% and Rio Tinto up just over 2%.
  • Dominos Pizza shares closed down more than 15% to $16.96 after its CEO resigned
  • Helia told the market that ING was negotiating with other providers – down 21% to $4.31.
  • Qantas revealed a cyberattack had stolen the personal data for 6 million customers, with shares closing 2.2% lower to $10.52.
  • Also weaker were QBE, Xero and Next DC.
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