Release Date: February 26, 2024For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Gross revenu
The Australian share market once again ignored a rally on Wall Street to a fresh record high and closed down 0.3% thanks to a broad-based slump on Friday.
The ASX200 has been trading mostly flat – down about 0.1 per cent. The Real Estate sector plunged nearly 2 per cent today ahead of global interest rates policy announcements.
The ASX200 is now firmly in new record territory at 7680 points and up a solid per cent today, it’s also more than 50 points above the record levels of August 2021.
The ASX200 closed ahead by .23 per cent. Utilities gained nearly 1.8 per cent, driven by Origin Energy which was up 2.64 per cent, as shareholders mulled over a revised takeover offer.
Futures point to a lower opening for Australian shares this morning, driven by troubling US services data that may indicate the necessity of another interest rate hike to curb inflation.
Bubs has provided a short trading update in the wake of some media speculation encircling former CEO and founder Kristy Carr, who was said to have been creating a stir after the group ousted her and Chairman Dennis Lin.