Westpac Profit Surge Drives Share Market Gains

Westpac profit surge drives share market gains

Westpac’s strongest day since the Covid-19 pandemic has helped drive the ASX 200 higher during Thursday trading.

ASX jumps as Westpac hits decade high

Westpac’s strongest day since the Covid-19 pandemic has helped drive the ASX 200 higher during Thursday trading.

ASX 200 LIVE: ASX breaks record after jobs data; Westpac, Temple & Webster soar 6pc

Utilities and banks pace gains; Westpac and Temple & Webster rocket on strong results; Origin says LNG a tailwind; South32 hit by impairment; Commonwealth Bank losses extend. Follow live.

Australia shares rise as Westpac powers banking rally

Australian shares rose on Thursday, led by financials after Westpac reported a higher quarterly profit, while a...

ASX 200 lifts to new record high as unemployment falls

The S&P/ASX 200 Index (ASX: XJO) hit a fresh record high in lunchtime trading on Thursday, reaching 8,899.1 points, up 0.82%. S&P/ASX All Ordinaries Index (ASX: XAO) shares also set a new record at 9,173.2 points, up 0.77%. The local bourse is trading higher due to a strong session on Wall Street overnight and lower Aussie unemployment data released today. Australian unemployment falls in July The Bureau of Statistics (ABS) reported a 0.1% fall …

Australian shares lifted by banks, Westpac surges to over a decade-high

Source: Live Mint Aug 14 (Reuters) – Australian shares rose on Thursday, recovering losses from the previous session after the country’s third-largest lender Westpac soared to its highest in over 10 years after delivering a steady growth in quarterly profit, boosting the banks higher. The S&P/ASX 200 index rose 0.6% to 8,880.20 points as of 0054 GMT. The benchmark closed 0.6% lower on Wednesday. Financials reclaimed some losses from Wednesday…