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Tumultuous Thursday: Aus shares 0.1% lower at noon

08 Feb 2018 – Market at Midday Report: Gains in half of the sectors is seeing the market start to somewhat level off. Telcos, financials and staples trade higher, with AMP (ASX:AMP) gaining over 3.8 per cent on the back of a lift in its full year results. Construction software company, Aconex (ASX:ACX) is a step closer to being potentially taken over by US tech giant Oracle. Rio Tinto (ASX:RIO) will start a US$1 billion share buyback program. The Commonwealth Bank of Australia (ASX:CBA) took the opportunity to increase its majority holding in media company, Southern Cross Media (ASX:SXL). Duxton Broadacre Farms (ASX:DBF) started trading today and is $0.08 higher. Click video for full report.

Source: Finance News Network

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