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Stocks react pragmatically to President-elect Donald Trump

Trevor Sykes

At least a few share traders would have had a rough time on the ASX on Wednesday after it became clear that a Donald Trump victory was imminent.

As the unexpected result began to become clear in Australia on Wednesday afternoon, the S&P/ASX200 began dropping sharply and finished 101 points down at 5157. BHP was down 3.2 per cent and Rio Tinto down 1.9 per cent.

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Trevor Sykes writes on Business specialising in Mining, Energy, Shares. Trevor applies his acerbic wit to Australian business as Pierpont.

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    Original URL: https://www.afr.com/wealth/investing/stocks-react-pragmatically-as-the-world-comes-to-terms-with-presidentelect-trump-20161111-gsn0xe