Shares down 1 per cent; Jobs in July drop 14,666, miss forecast; Origin lifts after flagging stronger FY24; Inghams up 13 per cent. US bonds yields hit 15-year high. Follow updates here.
The sharemarket dropped 70.1 points, or 1 per cent, to 7125.1 at market open, after a flurry of pre-market earnings reports and ahead of July jobs data, expected later today.
Ingham Group shares were benchmark’s best performer, surging 13.7 per cent after reporting a 72 per cent jump in full-year net profit. Evolution Mining was down 3.4 per cent after the gold miner reported its full-year profit collapsed 49 per cent to $163.5 million due to severe floods at its Ernest Henry project in northern Queensland.
Nuix slumped 6.3 per cent. The tech stock recorded a 19.8 per cent rise in statutory revenue to $182.5 million over the past year.
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