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Making slow recovery: Aus shares close 0.24% higher

08 Feb 2018 – Market Wrap Report: The S&P/ASX 200 index closed 0.24 per cent higher or with a gain of 14 points, finishing at 5,891 or in other words, back to where we were late October 2017. Tabcorp (ASX:TAH) reported its net profit after tax slumped 58 per cent. Rio Tinto (ASX:RIO) reported a 90 per cent surge in its full year profits and will start a US$1 billion share buyback. AMP Limited (ASX:AMP) reported a massive swing to a $848 million net profit. AGL (ASX:AGL) reported its underlying HY profit after tax rose 27 per cent. Click for details and more news.

Source: Finance News Network

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