ASX posts 1.3pc weekly drop; Magellan sinks 19pc

The Australian sharemarket completed increased on Friday because the current rout in US bonds and equities eased in a single day forward of key non-farm payroll information that may assist inform the market of the Federal Reserve’s subsequent fee transfer. The benchmark S&P/ASX 200 index superior 0.4 per cent, or 28.7 factors to 6954.2 on … Read more