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ASX falls 0.5pc as disappointing earnings offset miners – The Australian Financial Review

The Australian sharemarket closed slightly lower on Wednesday as a number of results disappointed market expectations, offsetting big gains from the major miners….

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CSL helped lead declines on the local sharemarket, setting the trend for a broadly weaker healthcare sector, falling 1.6 per cent to $281.17.
Pro Medicus declined 2.1 per cent to $44.69 despite its interim revenue jumping 7.8 per cent, even with restricted hospital access in its major market of the US.
Sonic Healthcare dropped 2 per cent to $33.58 while ResMed slid 4.2 per cent to $24.87 and Ramsay Health Care fell 3.2 per cent to $62.28.
Buy now, pay later stocks were also hit hard, ending an impressive…

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