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ASX edges higher as big banks rise; NextDC tanks after profit warning

Marcus Chen
Managing Editor · Wednesday, October 21, 2026 at 12:18 AM · 1 min read
ASX edges higher as big banks rise; NextDC tanks after profit warning — Sydney Morning Herald Business, Sydney Technology news
Image: Sydney Morning Herald Business

The Australian sharemarket wavered in early trade, with gains by the Big Four banks and consumer stocks wiped out by a plunge in tech, where NextDC lost more than 40 per cent after a profit warning.

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