General
ASX opens lower as Super Retail Group sees boost from happy Australian campers
The Australian share market is trading slightly lower this morning, despite several large retailers announcing sales growth off the back of the pandemic.
At 10:30am, the ASX 200 was down 0.4 per cent to 6,690.
The All Ordinaries was also down 0.4 per cent.
The local dollar is trading at 76.96 US cents.
Electronics and music chain JB Hi-Fi was the ASX 200’s top performer in early trade (+8.3pc) after announcing good sales growth during the pandemic.
Preliminary half-year online sales were up 162 per cent to $679 million.
Net profit after tax was $318 million versus $171 million for the same period the year before.
Other top performers include rival online retailers Kogan, which is up 2.4 per cent, and Harvey Norman, which is 2.1 per cent…
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