Business
ASX eases from five-month peak, still ahead 0.6% on big banks – The Sydney Morning Herald
The ASX 200 nearly hit 6200 points at the open, but has since eased back. The big banks are up but healthcare and consumer staples are dragging.
Bingo said while coronavirus restrictions hurt total collections and post-collection volumes, the recycling and disposal volumes have since increased above pre-COVID-19 levels. July was the largest ever month in the business.
The company expects pandemic-related headwinds to continue in 2020-21, but also expects infrastructure activity to remain strong and go some way to offsetting softness in other parts of the building sector.
As we move to a post-COVID-19 environment, the company is well pl…
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