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Wall St books minor gains, but posts fifth consecutive weekly loss: Aus share set for flat start

27 May 2019 – The Australian sharemarket looks set for a flat start this morning despite modest gains on Wall Street on Friday. But the gains were not enough to offset weekly losses. TPG Telecom (ASX:TPM) and Vodafone Hutchison Australia have filed a case with the Federal Court of Australia seeking orders that their proposed $15 billion merger would not hurt competition in the telecoms sector.

Source: Finance News Network

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