ASX 200 dips; Flight Centre, Telix, Perpetual down; Pilbara's record quarter; Wagners jumps

Flight Centre trims guidance. Treasurer announces "faster, stronger" draft merger reform legislation. Perpetual hit by $9bn outflows. Telix slumps on bonds, regulatory updates. ASIC concerned over private market pump-up.

Investor sentiment is mixed as earnings updates from overseas and local production updates roll in. Picture: Gaye Gerard

Welcome to the Trading Day blog for Wednesday, July 24. The ASX 200 index closed 0.1 per cent lower to 7963.70 points, with energy and property stocks the worst performers.

The Aussie dollar is trading around US65.97c at 5.10pm AEST.