Author: Harry Watt
OZL -2.89%: Production numbers out today that came in at the bottom end of the guided range for Copper although that had been flagged in the September quarter update, while Gold production was at the high end of the range.
ADH -21.52%: tough day for the homewares retailer after pre-releasing first half results. Sales have in the first half were +2.7% on a like-for-like basis, but fell overall to $242m despite a small contribution from the acquisition of Focus on Furniture.
WSP -1.92%: 2nd quarter trading update for the communications business today, though the stock traded lower in the session.
HUB +2.12%: Some good news on a tough day for stocks with investment platform HUB 24 announcing a very strong quarterly Funds Under Administration (FUA) update with a another record period of flows.
RIO -0.35%: out with their December Quarter and full year production numbers today which managed to largely meet expectations, if not on the weak side. Iron ore production fell 3% in the year, in line with expectations but it did include a larger portion of lower grade product.
JBH +6.86%: a strong day out for the retailer today with 2Q sales figures coming in better than feared. JB Hi-Fi said that sales for their Australian business was up 1.2% on the 2nd quarter of last year.
CWN +8.77%: the casino operator received an improved bid from US Private Equity group Blackstone today, a ~5% improvement on the initial offer back in November. The new bid comes after months of discussions and a peak behind the curtains of Crown.
ING -5.95%: The Chicken producer was out today with an update on the impacts of Omicron on their operations and while it’s premature to draw any conclusions on the overall financial hit, we suspect there are many businesses across the country experiencing similar issues.
WOW -9.57%: Woolies has come out with a disappointing trading update this morning that is weighing on shares across the three major supermarket exposed stocks on the ASX.
DUB -0.31%: Has announced an agreement with Optus to become natively integrated across the groups mobile network.
