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All eyes on rates ahead of RBA decision: ASX is tracking 0.2% higher at noon

01 Oct 2019 – The ASX opened higher following positive leads from Wall Street and is now tracking 0.2% higher at noon. Nufarm (ASX:NUF) shares are on the rise in the first two hours of trade. The market is expecting the cash rate to be cut by 25 basis points to 0.75%. The Industrials sector is leading the way and the Energy sector trailing behind. And Harvey Norman Holdings (ASX:HVN) and certain of its controlled entities have completed the agreements for the sale of The Byron, Byron Bay Resort.

Source: Finance News Network

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