Clearing uncertainty dogs ASX

The pending decision on ASX's equities clearing monopoly has put pressure on its share price, but the market operator has a few cards up its sleeve.

It’s been a long time coming, but the ASX might finally be showing a little growth again. Earnings per share are expected to rise around 4% this year and next, which may not sound like much but is a great improvement on the sideways performance since the global financial crisis.

All of this, though, seems to be lost on the share price, which has fallen around 9% since peaking at over $44 in March, offering up a great opportunity for growth and income-focused investors alike.

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