Business
ASX rises as technology pulls ahead; CIMIC shares tumble 17pc – The Australian Financial Review
Buy now pay later delivered a strong session for the technology sector. CIMIC shares hammered following full year results release. Crown director Poynton separates…
Reactions to the interim performance update from Computershare released after market close yesterday are mixed.
Goldman Sachs reiterated its buy rating for the share, concluding: On balance we think the result and lift in guidance will be well received by the market, where there had been concern around the potential for a miss/downgrade.
Morgan Stanley labelled it as a solid result but expected a neutral share price reaction due to the outlook for margin income in the 2022 financial year.
Morgan…
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