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Oil & iron ore bounce back: Aus shares 0.5% higher at noon

31 May 2018 – Market at Midday: ASX bounces back on global market recovery. Fortescue (ASX:FMG) is over 2.1% higher leading the major miners, Galaxy Resources (ASX:GXY) up a massive 5.7%. Private capital spending in line with expectations. News on The Bank of Queensland (ASX:BOQ) and Bellamy’s Australia (ASX:BAL), plus listing of Unibail-Rodamco-Westfield (ASX:URW).

Source: Finance News Network

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