Category: ASX: CCX

ASX: CCX

Why did City Chic (CCX) shares crash yesterday?

CCX -19.31%: retailers have largely surprised to the upside this reporting season, however, shares in City Chic were sold off heavily after today’s weak FY22 result and outlook.

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Latest Reports

Afternoon report 01/07/2025

The Match Out: A flat start to FY26 for Aussie stocks

A lacklustre first trading session of FY26 with the index trying to push higher early but faltering before the closing bell. All those itching to sell CBA can now do so without paying tax for a while prompting some re-allocation amongst the banks - ANZ the standout today up +2.5% while CBA fell by 1.2%. It was fairly quiet elsewhere.

Morning report 01/07/2025

What Matters Today: Looking in the rearview mirror & through the windscreen into FY26

A slightly shorter report today as we take a deep breath after our busiest day of the year. As the saying goes, there are two certainties in life: “death and taxes”. At MM, we see it big time with investors taking out subscriptions ahead of the EOFY, a great win-win in our opinion.