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Steep sell-off on Wall St: Aus shares to open lower

06 Feb 2018 – Market Outlook: Wall Street has continued to slide into negative territory. Real estate investment trust Shopping Centres Australasia Property Group (ASX:SCP) has announced a 66 per cent loss in statutory net profit after tax to $69.9 million for the half year compared to the same time the previous year. We can watch out for Magellan Financial Group (ASX:MFG), which is set to report financial results today.

Source: Finance News Network

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