Afternoon trading August 8

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    Thanks @shovel40, @Fiji1 and morning crew.

    Half-time wrap:


    Aussie shares trimmed early gains amid mixed corporate earnings and sliding US equity futures.

    The ASX 200 pared an opening 33-point rally to 11 points or 0.16% by the halfway mark. Modest gains in some iron ore miners, banks and tech companies were largely offset by declines in gold miners, property companies and supermarkets.

    Building materials manufacturer James Hardie was the index's best performer, soaring 14.3% after beating earnings expectations. Myer and coal miner Coronado logged double-digit declines after disappointing trading updates.

    US equity futures hit reverse following Wall Street's first advance in five sessions. S&P 500 futures eased 0.18%. Overnight, the broadest of the major indices bounced 0.9%.



    Personal trading: Wanted LIT at 4.8c and RDN at 1.1, which in each case turned out to be one pip lower than the market was willing to give. Took AUT back at support.

 
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