the COB: conflict concerns
Автор: ausbiz
Загружено: 2026-03-02
Просмотров: 447
Описание:
Ongoing uncertainty caused by the conflict in the Middle East weighed on investor sentiment today, sending the market substantially lower.
The S&P/ASX200 shed 1.3% to end the day at 9,077.30 points, mirroring losses seen across European markets last night.
Oil extended gains as ongoing uncertainty persisted over the stability of shipping through the Strait of Hormuz. Brent Crude jumped close to US$80 a barrel in Asian trade. Woodside Energy and Santos finshed up 0.8% and 1% respectively.
The materials sector which bore the brunt of the force as export concerns lingered across the market. BHP slid 2.6% along with Rio Tinto down 2.4%, sending the sector down 3%.
In company news, Life360 reported an annual net profit for the first time, recording a gain of US$151 million for 2025 as revenue rose 32%. However, despite the strong result, the stock fell 17.6% in line with the broader market weakness.
While elsewhere, Magellan Financial Group jumped 22% after completing a $130 million institutional placement, issuing 15.4 million shares at $8.45 each to help fund its merger with Barrenjoey.
Tonight, all eyes remain on the Middle East as tensions continue to escalate.
Повторяем попытку...
Доступные форматы для скачивания:
Скачать видео
-
Информация по загрузке:
