Business
ASX flat, Link up 13.3% on new offer – The Sydney Morning Herald
The ASX200 bounced around at the open, as declining energy and mining stocks dragged on gains in healthcare, information technology, and industrials.
Adairs sales have been strong all throughout COVID-19 thanks to a surge in home spending and the companys well-established online system, however the company has been reticent to provide guidance due to the persistent uncertainty caused by the pandemic.
But after reporting a total sales increase of 23.4 per cent for the first 23 weeks of the half, including a doubling of online sales, chief executive Mark Ronan said it was clear the result would be outstanding.
Whilst we have clearly been a COVID-19…
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