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Australia… One Hour In… ASX200 down 10

ASX200 down 10 points (0.1%) to 7406. AMP (-2%): acknowledges the commencement of civil proceedings by ASIC in relation to historic charging of Plan Service Fees.

ASX200 down 10 points (0.1%) to 7406.

 

  • AMP (-2%): acknowledges the commencement of civil proceedings by ASIC in relation to historic charging of Plan Service Fees.
  • Ampol (-0.3%); partners with Arena for National Fast Charging Network.
  • Boral (-1%); named chief executive of Seven Group , Ryan Stokes, as chairman of its board after Seven reached a 70% stake.
  • Fiji Kava (TH); Trading Halt
  • Janus Henderson (+7.5%);
  • NAB (+0.4%); to buy back $2.5bn of shares from mid August.
  • Origin Energy (-9%); expects to log noncash charges of almost $2.25bn after tax tied in part to a weaker outlook for electricity prices.
  • Paradigm Bio (TH); Trading Halt
  • Ramsay Health (-0.4%); press speculation RHC could be a takeover target de to its vast property exposures.
  • Sezzle (-8%); 2Q update. Sales +119% yoy, income +123% yoy.  I have not seen any guidance…..
  • Starpharma (-1.8%); Q update.

 

Friday Dad Joke;

Finding a woman sobbing that she had locked her keys in her car, a passing soldier assures her that he can help.   She looks on amazed as he removes his trousers, rolls them up into a tight ball and rubs them against the car door.    Magically, it opens.

“That’s so clever” she gasps.  “How did you do it?”

“Easy” says the soldier.  “These are my khakis”…..

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