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The COB from ausbiz
EML shoots, EML scores
As US market participants dream about turkey-laden dining tables instead of sitting at trading desks, today’s lacklustre session is highly likely to be repeated tomorrow. Only standout company news delivered a share price response greater than meh. EML Payments closing up over 31 per cent thanks to the green light for the Irish arm to conduct business, while Fisher and Paykel managed a 4.5 per cent gain on welcome dividend news. At the other end, AMP plunging by 5.4 per cent, continuing its never-ending journey towards near-zero. Kogan also slipping 4.4 per cent after a second strike vote on remuneration at its AGM. The Aussie data dump today was not market-moving for the stockpickers, but decent bumps in business investment intentions and October payrolls were welcomed by the macro fraternity. Overall, the ASX200 closed up 8 points or 0.1%.
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