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ASX rises to flat, materials drag as BHP falls 2% – The Sydney Morning Herald

The S&P/ASX 200 is up 21 points at 5983 as the consumer discretionary sector starts to out-perform.

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The company on Wednesday said it believes a substantial proportion of the recent growth can be attributed to satisfying pent-up demand created during the lockdown period.
In addition, an increased trend towards local touring in several countries has been helpful and government support has provided spending stimulus to people and businesses, it told shareholders.
Based on preliminary, unaudited management accounts, ARBs profit before tax for the September quarter was $29.7 million. This exclude…

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