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flag Nick Scali boosts profit forecast, shares rise on strong Aussie and NZ performance.

flag Australian furniture retailer Nick Scali raised its profit forecast for the December half-year, citing strong performance in Australia and New Zealand, and now expects revenue growth of 10% to 12% and statutory net profit of $37 million to $39 million. flag Its shares rose 8%. flag Meanwhile, the ASX showed signs of a potential "Santa rally" as investor optimism grew ahead of the year-end. flag DroneShield implemented a mandatory shareholding policy for executives after insider stock sales sparked backlash, boosting its share price 8.6%. flag Seven West Media approved a takeover by Southern Cross Media, leading to its delisting. flag Other updates included progress in mining, defense tech, and biotech sectors.

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