The ASX200 was down 0.6 per cent at midday, with the financial sector doing especially poorly after disappointing earnings from Westpac.
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Banks weighed on the ASX on Monday with disappointing earnings updates from Westpac and Bendigo Bank pushing the index to the red.
The ASX200 was down 0.6 per cent at midday, with the financial sector doing especially poorly after disappointing earnings from Westpac.
The ASX’s weekly woes continued on Wednesday, as a big four bank and a major miner dragged the market heavily into the red.
The ASX200 was down 1.6 per cent at midday, its biggest day of earnings season, with heavy losses for ANZ, Westpac and NAB, as well as Fortescue.
The chief executives of banking giant Westpac and its smaller rival Bendigo and Adelaide Bank said lower rates could help both households and...
The ASX dipped on Friday, with banks and GYG down. Domain jumped on takeover, Bullock admitted to slow rate hikes, ...
The major banks and miners continued to slump on Thursday, dragging the Australian share market to its lowest point in five weeks.
In a letter to the bank, the market operator questioned whether Bendigo breached rules that require companies to update shareholders when upcoming...
The stock lost as much as 18 per cent after higher funding costs and increased expenses sent interim earnings 23.2 per cent lower to $282.3 million.
A slump in the big banks and energy stocks pushed the Aussie market into the red on Tuesday, as the RBA struck a note of caution following its...
The ASX dropped on Wednesday with banks and MinRes headlining losses. Gold, however, is the play once more as Trump ...