Browsing Tag

full-year results

ASX surges higher despite bank drag

News of a Singapore travel bubble helped stocks such as Qantas, but Westpac tanked after its full-year results failed to impress.The Australian sharemarket marched higher on the first trading day of the month, with travel stocks boosted by…

ASX streak not seen for almost 80 years

The ASX has rallied, achieving its eleventh straight month of gains, and is not far from record highs reached earlier this month.The Australian sharemarket has ended the month and the official profit reporting season on a high note, racking…

Travel and oil stocks help lift ASX

The ASX has once again gained ground, with the benchmark index returning above 7500 points and travel stocks among the winners.The Australian sharemarket ended in positive territory for the second straight day, with travel and oil stocks…

Home comfort boom cashes up retailer

Aussies still largely stuck at home keep sprucing up their nests, delivering bedlinen giant Adairs a record full-year profit and clearing its debt.Bedlinen retailer Adairs has notched up record full-year results, driven by the well-observed…

Bank’s rocketing share price questioned

The strong rebound in the Australian economy has been reflected in one bank’s full-year results that pushed its share price to record highs.Commonwealth Bank’s impressive full-year results reflect the strong rebound in the Australian…