Live: ASX 200 up 0.6pc; Fortescue profit down; Telstra chair John Mullen to retire
Bourse lifts after China halves stamp duty on securities. Appen dives 32pc on ongoing headwinds. Star retreat before results. Fortescue drops on executive upheaval, lower profit and dividends. Energy One soars on UK bid.
That's all from the Trading Day blog for Monday, August 28. The ASX 200 index ends up 0.6 per cent at to 7159.8 points, led by gains in the health care, discretionary and financials sectors. China's share market fades after a 5pc opening gain as it halved stamp duty on securities trades.
The Aussie dollar is trading near US64.30c.
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Originally published as Live: ASX 200 up 0.6pc; Fortescue profit down; Telstra chair John Mullen to retire