Business
ASX 200 rises on Monday 7 December 2020
The S&P/ASX 200 Index (ASX: XJO) went up by around 0.6% to 6,675 points today.
Here are some of the highlights from the ASX:
The food, liquor and hardware business reported its FY21 half-year result and revealed that it saw significant growth in sales volumes across all of its pillars.
Metcash reported total revenue increased 12.2% to $7.1 billion. Revenue growth was 12.3% to $8.1 billion when including charge-through sales.
‘Food’ benefited from the move to ‘shop local’ and the improved competitiveness of retailers resulted in an increase in both foot traffic and average basket size. Total food sales rose 9.5% to $4.8 billion.
‘Liquor’ experienced high levels of demand across the retail stores, which more than offset…
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