End of Day Report – Friday 28 February: ASX gets hit hard, down 96 points

The ASX has finished the day down 96 points (-1.2%) for the week down 1.5%. Worse than futures were predicting (-69 points) as the poor US lead translated to a risk-off session here. All major sectors finished in the red save for Telecoms thanks to good results from TPG and TLS’ defensive nature. 

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