Business
ASX up 0.6% at open, energy and materials sectors lead – The Sydney Morning Herald
The ASX opened higher on Monday morning, rising 0.6% towards 5900 points.
Macquarie Group has told investors the turmoil unleashed by coronavirus will see its earnings for the current half dive by 35 per cent compared to the prior first half year, and cannot provide meaningful guidance for the year due to the pandemic-driven uncertainty.
In an update to investors on Monday morning, Macquarie said that “market conditions are likely to remain challenging, especially given the significant and unprecedented uncertainty caused by the worldwide impact of COVID-19 and the u…
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