Wed Sep 18 02:01:01 UTC 2024: ## ASX Shares Take a Dip: Actinogen, Flight Centre, JB Hi-Fi and NextDC See Losses

**Sydney, Australia -** The Australian stock market experienced a subdued session on Wednesday, with the benchmark S&P/ASX 200 Index dipping slightly to 8,140 points. Several shares saw more significant drops, including:

* **Actinogen Medical:** The biotechnology company’s shares fell by 8.5% to 3.2 cents after announcing an $8.1 million share placement. The funds will be used to accelerate the enrollment of patients in a Phase 2b/3 trial for Alzheimer’s disease.
* **Flight Centre:** The travel agent’s shares slipped 0.5% to $20.75 as they went ex-dividend for the final dividend of FY 2024. Shareholders are set to receive the 30 cents per share payout next month.
* **JB Hi-Fi:** Despite no company news, JB Hi-Fi shares dropped almost 2% to $79.33. The retailer’s shares have experienced strong growth this year, so some investors may be taking profits.
* **NextDC:** The data centre operator saw its shares decline almost 1% to $16.85 after announcing a share purchase plan. Eligible shareholders can apply for up to $30,000 in new shares at $17.15 per share. However, NextDC shares are currently trading below the offer price, making the plan less attractive than its institutional offering.

**The Motley Fool**, a financial advice platform, notes that these share movements may indicate investor sentiment or market conditions. For more in-depth analysis and investment advice, they encourage readers to visit their website.

**Disclaimer:** This news article is based on information provided by The Motley Fool and does not constitute financial advice. Readers are advised to consult with a qualified financial professional before making any investment decisions.

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