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The Australian Securities Exchange (ASX) today released its full-year results to 30 June, 2016, which saw solid results across the board. This was driven by a rise in secondary capital raisings within the financial sector and increased trading activity due to heightened volatility, particularly in the second half of the year.
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The exchange recorded total operating revenues of $746.3 million compared with the previous year’s $700.7 million, or an increase of 6.5% year-on-year. Underlying profit came in at $426.2 million compared with $403.2 million ... (read more)