Business
ASX in the red as reporting season continues with Wesfarmers, Qantas, Santos and Webjet – ABC News
Webjet and Qantas report losses as the coronavirus pandemic bites. Wesfarmers posts a fall in net profit but sales at Officeworks, Bunnings and Kmart rise.
The Australian share market remains in the red, as reporting season continues to drive some big individual share price moves.
Key points:
- The Australian share market closed 0.8pc lower, with energy stocks the biggest drag
- Wesfarmers said sales at Bunnings, Officeworks and Kmart rose during the initial coronavirus shutdowns
- Webjet shares have tumbled after it reported a $143 million loss
By the close, the ASX 200 had lost 0.8 per cent to 6,120, retreating from…
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