The S&P/ASX 200 Index rallied 0.8 per cent to 7388.2 points, the highest level since April 2022. Bigtincan surged 13.6 per cent to 58.5¢ and Ioneer 21 per cent to 55¢.
reported. The CSI 300 was up 2.5 per cent ahead of the closing bell.
However, shares in Baby Bunting tumbled more than 11 per cent to $2.68 after its profit margins were squeezed, and it had softer than expected sales in the first half. This is expected to result in an improvement to gross profit of between $187 million to $191 million and targeted operating leverage of about 79 per cent. Tyro’s EBITDA range improved to between $37 million-$41 million.
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