Connect with us

Business

ASX 200 was mixed today, ends down 0.2% – Motley Fool Australia

The S&P/ASX 200 Index (ASX:XJO) was mixed today, it finished lower by 0.2%. Westpac Banking Corp (ASX:WBC) revealed more FY20 costs.

Published

on

post featured image

The S&P/ASX 200 Index (ASX:XJO) was mixed today, it finished lower by 0.18% to 6,156 points.
Here are some of the highlights from the ASX:
Westpac Banking Corp (ASX: WBC)
The major ASX 200 bank reported that its cash and statutory earnings are going to be reduced by $1.22 billion.
The notable items include new items of $816 million (after tax), combined with a previously announced AUSTRAC provision of $404 million.
In total, these notable items will reduce the group’s CET1 capital ratio of 24 basis…

Click here to view the original article.

Continue Reading
Advertisement
Advertisement

Trending