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By Navya Mittal
(Reuters) - ASX Ltd lifted its capital expenditure outlook for fiscal 2024 on Tuesday, sending shares of the Australian bourse operator on track for their worst day since August 2012, if losses hold.
Shares of ASX slipped as much as 10.1% to A$60.74, hitting their lowest since Jan. 16, 2019.
The operator forecast its capital expenditure to come in between A$110 million ($72.74 million) and A$140 million for fiscal 2024, and revised its fiscal 2023 expense growth outlook to 12%...
>>> Read more: Bourse operator ASX on track for worst day in 11 years on higher cost outlook
(Reuters) - ASX Ltd lifted its capital expenditure outlook for fiscal 2024 on Tuesday, sending shares of the Australian bourse operator on track for their worst day since August 2012, if losses hold.
Shares of ASX slipped as much as 10.1% to A$60.74, hitting their lowest since Jan. 16, 2019.
The operator forecast its capital expenditure to come in between A$110 million ($72.74 million) and A$140 million for fiscal 2024, and revised its fiscal 2023 expense growth outlook to 12%...
>>> Read more: Bourse operator ASX on track for worst day in 11 years on higher cost outlook
