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Materials, travel stocks drive ASX higher despite Rio Tinto slipping on iron ore downgrade while IAG faces lawsuit – ABC News

Australian shares rise for a second straight session, helped by gains in mining and energy stocks on strong underlying commodity…

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Australian shares have finished the week on a high note thanks to a boost from travel, mining and technology stocks.
Key points:

  • The ASX 200 has gained 11.8pc since the year began
  • Rio Tinto has significantly cut its guidance for iron ore shipments
  • ASIC is…

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