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ASX 200 down; WiseTech rebounds; MinRes, Metcash, Audinate drop

Bourse has $48bn wiped off. WiseTech rises as Richard White settles fight with ex-lover. MinRes dogged by founder concerns. Broker downgrade weighs on Metcash. Audinate, Iluka updates trigger selloff.

David Rogers, Valerina Changarathil and Joseph Carbone
less than 2 min read
6:36AMOctober 22, 2024.
Updated 5:01PMOctober 22, 2024
The Australian Business Network
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Corporate updates and founder concerns at two of Australia's biggest companies are keeping equity investors busy this week. Picture: Gaye Gerard
Corporate updates and founder concerns at two of Australia's biggest companies are keeping equity investors busy this week. Picture: Gaye Gerard

Welcome to the Trading Day blog for Tuesday, October 22. The ASX 200 index closed 1.7 per cent lower to 8205.70 points.

The Aussie dollar was trading around US66.82c at 5pm AEDT.

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Original URL: https://www.theaustralian.com.au/business/trading-day/asx-200-likely-to-fall-wisetech-minres-dogged-by-billonaire-founder-concerns/live-coverage/a6d62b5a9577ee8875ea0a6d33a07170