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Hot Money Monday: An oil & gas play rejoins the boards with a bang, while BNPL runs cold

Hot Money Monday: An oil & gas play rejoins the boards with a bang, while BNPL runs cold
stockhead.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from stockhead.com.au Daily Mail and Mail on Sunday newspapers.

These were the worst performing ASX 200 shares last week 31 July 2021

The  S&P/ASX 200 Index (ASX: XJO) was on course to record a small gain last week until a pullback on Friday. This led to the benchmark index finishing the week 1.8 points lower at 7,392.6 points. A number of ASX 200 shares performed particularly poorly and weighed heavily on the index. Here’s why these were the worst performers over the five days: Crown Resorts Ltd  The Crown share price was the worst performer on the ASX 200 last week with a 14.1% decline. This casino and resort operator’s shares have come under significant pressure since  Star Entertainment Group Ltd (ASX: SGR) announced that it was ending merger talks. Star advised that while it remains interested in a potential merger, there is just too much uncertainty at present. It notes that there are concerns that Crown could lose its Melbourne licence.

Asian Open: China Rout Weighs on Wall Street, AU CPI Up Next

Asian Open: China Rout Weighs on Wall Street, AU CPI Up Next Matt Simpson July 27, 2021 10:34 PM A combination of weaker equities across Asia, the pending FOMC meeting and month-end flows knocked Wall Street from its highs overnight. Share: Asian Futures: Australia s ASX 200 futures are down -31 points (-0.42%), the cash market is currently estimated to open at 7,400.40 Japan s Nikkei 225 futures are down -410 points (-1.47%), the cash market is currently estimated to open at 27,560.22 Hong Kong s Hang Seng futures are up 206 points (0.82%), the cash market is currently estimated to open at 25,292.43 UK and Europe: Europe s Euro STOXX 50  index fell -37.76 points (-0.92%) to close at 4,064.83

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