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ASX200 finishes day up 0.12% after recent market freefall

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The ASX200 index has rebounded slightly, closing the day with a 0.12% increase after experiencing a significant drop in the past week. Poultry producer Inghams is expected to report a $71 million net profit after tax in the first half, while mining companies, particularly gold miner St Barbara, saw a decline in their stock prices following the release of quarterly results.

This comes after a freefall in the market during the past week – setting a new 12-month low yesterday.

Poultry producer Inghams was a top performer and is expected to post a $71 million net profit after tax in the first half.Mining companies all fell today – led by the gold miner St Barbara after it sunk sharply upon releasing its quarterly results.

 

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