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ASX 200 gains; News hits record high; AGL soars, Cochlear lifts; REA, Alliance Aviation fall

Iron ore miners trim gains as China's CPI falls at fastest pace since 2009. Investors back News Corp, AGL earnings updates. Cochlear up on profit upgrade. REA Group, Transurban and Alliance Aviation drop.

David Rogers, Valerina Changarathil and Megan Neil
less than 2 min read
5:36AMFebruary 08, 2024.
Updated 5:54PMFebruary 08, 2024
The Australian Business Network
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Earnings updates, geopolitical developments and economic signals are driving investor sentiment. Picture: Gaye Gerard
Earnings updates, geopolitical developments and economic signals are driving investor sentiment. Picture: Gaye Gerard

Welcome to the Trading Day blog for Thursday, February 8. The ASX 200 index closed 0.3 per cent higher at 7639.20 points, led by tech, utilities and banking gains as energy stocks weighed.

The Aussie dollar is trading around US65.22c.

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Brace for a volatile reporting season
David Rogers
Read related topics:Agl EnergyASXChina TiesCochlearNews CorporationTransurban

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Original URL: https://www.theaustralian.com.au/business/trading-day/asx-200-to-waver-amid-agl-transurban-focus-sp-nears-5000-points-milestone-snap-tanks/live-coverage/0bc312d41636d0851bcea65150a8fbb2