wednesday evening: ABC election analyst called the election for Mr Trump on Wednesday evening in the wake of the Republican scoring a series of surprising wins in battleground states including Florida and Ohio, and opening a path to the White House, according to Australian Broadcasting Corporation. In a highly volatile day, the ASX 200 had an upbeat start, rising as much as 0.9 per cent to 5,314. Paul Miller Related Story A stunning result Clinton struggling to stay in White House race Related Story US markets rise in anticipation of Clinton win over Trump Map Australia The Australian share market has lost about 34 billion in value leading up to ABC election analyst Antony Green calling the US election for Donald Trump. However, as vote counts started coming in, trade became more volatile, with swings deep into the red as Mr Trump clawed slightly ahead. External Link Pedro da Costa tweet of NY Times projection flipping to Trump Rightly or wrongly, markets are going to be concerned about a Trump victory, particularly given the potential consequences for world trade and its impact on many large companies in the US stock market, he said. CMC market strategist Ric Spooner said traders generally took the view that a Trump win was bad for shares.
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