Business
ASX 200 goes higher, Afterpay sinks, Adbri impresses on Tuesday 23 February 2021 – The Motley Fool Australia
The S&P/ASX 200 Index (ASX:XJO) went up by 0.9%. However, the Afterpay Ltd (ASX:APT) share price sank whilst Adbri Ltd (ASX:ABC) impressed.
The S&P/ASX 200 Index (ASX: XJO) rose by around 0.9% today to 6,839 points.
Here are some of the highlights from the ASX:
The Adbri share price was the best performer in the ASX 200, rising by 10.5%.
Construction business Adbri announced its FY20 report, showing that revenue dropped by 4% over the year to $1.45 billion. It blamed lower residential activity which affected its concrete and cement volumes. This offset improved sales of lime and concrete products.
Underlying net profit after tax (NPAT)…
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