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ASX 200 up 0.9%, Afterpay drops, CBA rises on Wednesday 3 February 2021 – The Motley Fool Australia

The S&P/ASX 200 Index (ASX:XJO went up by 0.9% today. The Afterpay Ltd (ASX:APT) share price fell 1.6% after an announcement.

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The S&P/ASX 200 Index (ASX: XJO) went up by 0.9% to 6,825 points today.
Here are some of the highlights from the ASX:
The Afterpay share price fell by over 1% today after the buy now, pay later (BNPL) business gave a market announcement relating to its UK business called Clearpay.
Clearpay said that it welcomed the UK’s Woolard review proposal to bring BNPL under FCA oversight with proportionate regulation.
The UK BNPL business said that it has always supported fit for purpose regulation that recognises…

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