ASX 200 dips, NIB soars, Perenti rises on Monday 26 April 2021

The S&P/ASX 200 Index (ASX: XJO) fell by 0.2% today to 7,046 points.

Here are some of the highlights from the ASX:

NIB Holdings Limited (ASX: NHF)

The NIB share price went up by around 10% today in response to profit guidance for the rest of FY21.

NIB explained that the COVID-19 pandemic impact on market demand and healthcare treatment were profound and are continuing. However, management said that it’s apparent that the core NIB Australian resident health insurance (ARHI) business is performing well.

At 31 March 2021, total ARHI policyholders had grown to 641,804. Claims experience, especially risk equalisation, continues to be lower than expected.

NIB’s group underlying operating profit (UOP) for the nine months to 31 March…