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Australia…1 hour in… ASX200 up 39

ASX200 down 39 points (0.5%) to 7303. Sky Network (+3.2%); announces long-term partnerships with NRL and New Zealand Rugby League through to the end of 2027.

ASX200 down 39 points (0.5%) to 7303.

 

  • Althea Group (+3%); has exported from Australia its first commercial shipment of products destined for sale in the emerging South African medicinal cannabis market.
  • Aventus (+1%); saw FY growth of 7% versus guidance of +4%.
  • Betmakers (+0.5%); has acquired two technology platform assets — Form Cruncher and Swopstakes which offer Race and runner ratings, Speed ratings and maps, Runner comments and suggested tips.
  • Catapult Group (TH); has acquired SBG Sports Software for US$45m.  Will raise $40m.  SBG analyses Formula One, Soccer and Rugby data.  SBG clients include Manchester United, Manchester City.
  • Costa Group (TH); to raise $190m @ $3 after buying 2PH Farms, a central Qld citrus grower, for $231m.
  • Premier Investments (-2.1%); ex div 34c.  Trading down 60c.
  • Sky Network (+3.2%); announces long-term partnerships with NRL and New Zealand Rugby League through to the end of 2027.
  • Stockland (-0.8%); announced a 1H div of 13.3c which is in line with previous guidance.
  • Woolworths (-1.4%); will report a $57m pre-tax significant item at FY result – losses from transaction costs, supply chain and covid-related impairments.

……….and Morgan Stanley will bar workers without Covid vaccinations from NY offices from July 12.

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