Australia…One Hour In…ASX up 40 points

By Scott Phillips | More Articles by Scott Phillips

ASX200 up 40 points (0.6%) to 6782.

 

  • Ansell (+2.5%); expects to beat its upgraded FY 2021 earnings guidance amid elevated coronavirus-driven demand for many of the protective garment manufacturer’s products.
  • BHP (+1.4%); said it produced more iron ore but less coal, copper and petroleum in the 1H, as it flagged an impairment charge of between $1.15bn and $1.25bn against an Australian coal unit.
  • Downer (+2.4%); has been awarded a contract by Telstra valued at an estimated $330m over 5 years.
  • Perpetual (-0.6%); names State Street as new custodian and administrator.
  • Polynovo (+7%);  has entered Turkey with the appointment of Incomed Saglik Hiz as distributor.
  • Regis Healthcare (-8%) / Washington H Soul (-1.6%);  Washington H Soul as withdrawn its non-binding indicative proposal for Regis Healthcare.
  • RPM Auto (+18%); announced a record Q performance and said it is poised for strong growth.
  • Smartpay (+2.4%); said 3Q revenue was +75% yoy and +35% qoq.    Afterpay +5.5%
  • Sydney Airport (-0.4%); December passenger traffic -82% on pcp.    We know why…..

 

…..and Tiger King star Joe Exotic is so confident he will be pardoned on Donald Trump’s last day in office, he has a stretch-limo “fuelled up” and a hairdresser on standby.

Source;  Twitter

About Scott Phillips

Scott has over 35 years experience in Australian equities, starting as a “chalkie” and trader on the Stock Exchange Trading Floor and spending the last 25 years advising and trading for International Institutions. He has been an Executive Director at JPMorgan and Nomura, a Governor of the Australian Stock Exchange and was recently awarded a Lifetime Achievment award by the Australian Stockbrokers Association.

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