Business
ASX 200 rises 0.7%, ResMed result disappoints – Motley Fool Australia
The S&P/ASX 200 Index (ASX:XJO) rose by 0.7% today, though the FY20 report from ResMed Inc (ASX:RMD) disappointed investors.
The S&P/ASX 200 Index (ASX: XJO) rose by 0.7% today to 6,042 points.
There was a slight reprieve in Melbourne for some meat production. Poultry processors can operate at 80% capacity whilst abattoirs with less than 25 employees and seafood processors with fewer than 40 staff will not be required to reduce their operations.
ResMed Inc (ASX: RMD) share price drops 7.4%
ResMed’s FY20 result didn’t do enough to impress investors today.
For FY20 the healthcare business grew revenue by 13% to…
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