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ASX headed for negative close; all sectors in the red

Sumary of ASX headed for negative close; all sectors in the red:

  • Meanwhile, despite the power sector slumping, coal mining group New Hope has added 3 per cent; Whitehaven Coal gained 3.29 per cent; and Yancoal is up 0.82 per cent.
  • The laggers: Tech stocks are having their worst drop in nearly a month, dropping 3.72 per cent, as accounting app company Xero shed 6.02 per cent, and supply chian logistic group WiseTech have lost 5.3 per cent.
  • By Carla JaegerUpdated September 23, 2022 — 12.59pmfirst published at 5.23amNormal text sizeLarger text sizeVery large text size The numbers: The ASX200 is well on its way to closing off the week in negative arena after deepening its losses on Friday.

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