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ASX 200 ends week down; ACCC blocks ANZ-Suncorp deal; Mesoblast hammered

Bourse rises slightly, but sees its first weekly loss in a month. China scraps barley tariffs. Suncorp down after ACCC blow to ANZ's $4.9bn bank bid. Mesoblast tanks 55pc. 

David Rogers, Valerina Changarathil and Matt Bell
less than 2 min read
5:54AMAugust 04, 2023.
Updated 5:06PMAugust 04, 2023
The Australian Business Network
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Australian investors are bracing for the start of results season next week. Picture: Nikki Short
Australian investors are bracing for the start of results season next week. Picture: Nikki Short

Welcome to the Trading Day blog for Friday, August 4. The ASX 200 index rose 0.2 per cent to 7325.40 on Friday, but fell 1.3 per cent for the week - its first loss in four weeks.

The Aussie dollar is near US65.69c.

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Profits season likely to ‘underwhelm’: JPM
David Rogers
Read related topics:AdelaideAnz BankASXChina TiesMike Cannon BrookesScott FarquharSuncorp

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Original URL: https://www.theaustralian.com.au/business/trading-day/asx-200-may-waver-after-weak-wall-st-amazon-beats-forecasts-apple-slump-likely/live-coverage/9c7ce61941b1c2d068197d7c9bcfb0d2