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Treasury Wine Estates shares drop on China trade war fears: ASX closed 0.01% lower

24 Sep 2019 – The ASX failed to gain momentum after an early rise this morning and closed 0.01% lower. Treasury Wine Estates (ASX:TWE) shares dropped today after they released their Investor day presentation showing Chinese wine accounts for 60% of sales volume in China and fears this could be harmed by the trade war between the US and China. Noxopharm (ASX:NOX) released an announcement today saying Chief Medical Officer Dr Greg Van Wyk is departing the business.

Source: Finance News Network

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