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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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ASX drops to 12-month low as energy stocks run out of puffRobust retail sales data have failed to reassure investors on Monday with the Australian sharemarket following Wall Street’s poor lead to close below 6800 points.
منبع: smh - 🏆 6. / 80 ادامه مطلب »

ASX drops to 12-month low as energy stocks run out of puffRobust retail sales data have failed to reassure investors on Monday with the Australian sharemarket following Wall Street’s poor lead to close below 6800 points.
منبع: brisbanetimes - 🏆 13. / 67 ادامه مطلب »