The S&P/ASX 200 Index could not hold on to early gains and ended the day two points lower at 5744.3 points as losses from Telstra offset gains for miners and banks.
Leading the index was Mayne Pharma, which rallied 13 per cent to 73¢ on the heels of generics industry leader Teva Pharmaceutical Industries, which surged 7 per cent in Tel Aviv on an asset sale proposal overnight. Wall Street rallied on Tuesday but futures indicated a soft opening for the session ahead.
On Wednesday, No
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