Asian stock markets are trading mostly higher on Wednesday, despite the broadly negative cues from Wall Street overnight, as some traders are still looking to cash in on the strong upside in the markets seen over the past several weeks.
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Refinitiv StreetEvents Event TranscriptE D I T E D V E R S I O NMYX.AX - Mayne Pharma Group LtdHalf Year 2025 Mayne Pharma Group Ltd Earnings CallFeb 25, 2025
The major U.S. index futures are currently pointing to a roughly flat open on Friday, with stocks likely to show a lack of direction following the weakness seen in the previous session.
Asian stock markets are trading mostly higher on Friday, despite the broadly negative from Wall Street overnight, as traders seemed cautious and await clarity on US President Donald Trump's trade policies and the outcome of Ukraine peace talks.
Mayne Pharma (ASX: MYX) has reported a forecast revenue of between $210 million and $215m for the first half of the 2025 financial year, reflecting growth
Revenue: Increased 112% to $388 million.Gross Margin: Expanded to 56.3%, a 24% improvement.Underlying EBITDA: $22.9 million, up $118.2 million from negative $9
The ASX200 has been down 0.16% at 8,015 points. The market was lead lower by Wall Street as investors await an overnight speech by US Federal Reserve Chair, Jerome Powell.