ASX Closes Flat Amid Star Shares Drop and A2 Milk Trading Halt

Thursday, 26 September 2024, 14:52

Wall Street saw the ASX close flat as Star shares plunged, marking a significant day in the stockmarket. A2 Milk is currently in a trading halt ahead of its acquisition announcement. Keep up with business news today for the latest updates.
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ASX Closes Flat Amid Star Shares Drop and A2 Milk Trading Halt

ASX Overview

Today, the ASX demonstrated a flat close, amid significant fluctuations in shares. Star Entertainment's stock plunged after returning to trade for the first time in a month, attracting attention from investors. This volatility signifies broader concerns in the markets.

A2 Milk Trading Halt

A2 Milk remains in a trading halt until Tuesday, October 1, 2024. The company is expected to respond to the ASX's query, which may lead to a return to trading if addressed timely.

Market Implications

The movements within the ASX highlight key trends and uncertainties in stockmarket performance. Investors are advised to keep a close eye on developments, as these fluctuations influence broader market sentiment.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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