‘Slumped in the afternoon’: ASX finished down 0.05 per cent

Sky News Business Reporter Ed Boyd says the local market opened higher on Wednesday before it slumped in the afternoon. Litigation funder Omni Bridgeway jumped 14.19 per cent but is still down almost 70 per cent over the past 12 months. Car dealership business AP Eagers plummeted 15.01 per cent after flagging a fall in profit due to the tough operating environment for car dealers.