Mid-Session 5 Nov. 19: Shares fading after bright start

The local market is giving up all of its early gains with the ASX 200 mostly flat heading into lunch. The benchmark index was up by 40 points at its best levels but has since fallen back with the major drag being Westpac (WBC), slumping 4.5% and wiping off roughly 14 points from the ASX 200 index alone. WBC has resumed trade after being in a trading halt following its full year earnings release yesterday. 

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