The Australian sharemarket recovered in afternoon trade as gains by supermarket giant Woolworths and the big four banks offset losses by the mining heavyweights.
The Australian sharemarket finished flat on Wednesday on a busy day of reporting season, as gains by supermarket giant Woolworths and the big four banks offset losses by the mining heavyweights.
Travel agent Flight Centre climbed 3.7 per cent after revealing record total transactions in the 2024 financial year, beating its 2019 pre-pandemic numbers. Its pre-tax full-year profit more than doubled to $320 million.Telix Pharmaceuticals sank the most of the large caps , followed by Ramsay Health Care, which shed 4.4 per cent, and Kiwi broadband provider Spark, down 4.3 per cent.despite posting an 18 per cent jump in net profit to $US5.7 billion .
“The RBA is not likely to be overly excited by the result, and it does not add to the case for a rate cut anytime soon,” he said.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
ASX 200 LIVE: ASX to fall; Fortescue, Tabcorp, Flight Centre, Nine and Woolworths to reportShares are set to open modestly lower; S&P 500 edges higher; iron ore advances; oil pulls back; Fortescue, Nine to post results. Follow updates here.
Read more »
ASX 200 LIVE: ASX to fall; Fortescue, Tabcorp, Flight Centre, Nine and Woolworths to reportShares are set to open modestly lower; S&P 500 edges higher; iron ore advances; oil pulls back; Fortescue, Nine to post results. Follow updates here.
Read more »
ASX 200 LIVE: ASX to fall; Fortescue, Tabcorp, Flight Centre, Nine and Woolworths to reportShares are set to open modestly lower; S&P 500 edges higher; iron ore advances; oil pulls back; Fortescue, Nine to post results. Follow updates here.
Read more »
ASX 200 LIVE: ASX to fall; Fortescue, Tabcorp, Flight Centre, Nine and Woolworths to reportShares are set to open modestly lower; S&P 500 edges higher; iron ore advances; oil pulls back; Fortescue, Nine to post results. Follow updates here.
Read more »
ASX 200 LIVE: ASX to slip; Tabcorp takes $1.4b writedown; Fortescue profit jumpsShares are set to open modestly lower; S&P 500 edges higher; iron ore advances; oil pulls back; Woolworths flags special dividend. Follow updates here.
Read more »
ASX 200 LIVE: ASX to slip; Tabcorp takes $1.4b writedown; Fortescue profit jumpsShares are set to open modestly lower; S&P 500 edges higher; iron ore advances; oil pulls back; Woolworths flags special dividend. Follow updates here.
Read more »