Business
ASX slides on mining sector losses; Banks and CSL limit the fall – The Sydney Morning Herald
The ASX 200 slipped at Friday’s open thanks to losses for the mining titans and technology stocks. The major banks and CSL were higher.
Discount retail chain The Reject Shop has been forced to lower expectations over its yearly sales and profits due to the companys sales failing to recover to a pre-COVID norm.
The Reject Shop told investors on Friday morning that trade had continued to be challenging over recent months, with weakness most acutely felt in the business inner-city and metropolitan stores.
Overall comparable sales for the 48 weeks to the end of May were down 1.4 per cent compared to last year, with CBD and shopping…
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