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ASX 200 live: GFG puts Tahmoor mine on the block; Cochlear trims guidance; AMP cuts FY payout; Trump moves on reciprocal tariffs

Cochlear trims guidance after services hit. Simplified AMP cuts dividend amid banking challenges. GFG Alliance puts NSW coal mine on the block to prop up SA steelworks, settle debts. Mirvac soars on return to profit, strong outlook.

More results and economic and global economic and Trump updates are driving equity sentiment this week. Picture: Gaye Gerard
More results and economic and global economic and Trump updates are driving equity sentiment this week. Picture: Gaye Gerard

Welcome to the Trading Day blog for Friday, February 14. The ASX 200 index is up 0.7 per cent to 8598.10 points at 10.45am AEDT after hitting a new intraday high of 8607.7. All sectors are in the green, except healthcare, which is being weighed down by Cochear's big fall.

The S&P 500 and Dow Jones indexes on Wall Street closed 1 per cent and 0.8 per cent  higher, respectively, and the technology-focused Nasdaq gained 1.5 per cent.

Cryptocurrency giant bitcoin is just under $US96,500.

The Aussie dollar is trading around US63.14c.

Originally published as ASX 200 live: GFG puts Tahmoor mine on the block; Cochlear trims guidance; AMP cuts FY payout; Trump moves on reciprocal tariffs

Original URL: https://www.goldcoastbulletin.com.au/business/markets/asx-200-live-all-the-latest-business-results-updates-and-economic-news/live-coverage/7d8b26715b17f1ea6319544e9e3c117e