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Live markets: ASX 200 ends lower as miners weigh; Appen hits record low as CEO exits; St Hilliers in administration

Appen shares set fresh low after CEO's sudden exit. $A back above US65c. St Hilliers appoints administrators. Fletcher sinks on profit warning. Silver Lake tumbles on Red 5 merger.

David Rogers, Lilly Vitorovich, Joseph Carbone and Megan Neil

The ASX is set to lose ground following a record performance last week. Picture: Brendon Thorne/Bloomberg

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6:08AMFebruary 05, 2024.

Updated 5:14PMFebruary 05, 2024

The Australian Business Network

Welcome to the Trading Day blog for Monday, February 5. The ASX 200 closed 1 per cent lower at 7625.90 points, retreating after Friday’s record highs.

The Aussie dollar is trading around US65.09c, after dropping below the US65c mark.