Business
Macquarie chief optimistic as trading conditions improve – Sydney Morning Herald
Macquarie shares jump higher as the investment giant said conditions in the last quarter brightened.
We saw increased volatility as well as dislocation, Ms Wikramanayake said. That drove client activity and trading opportunities for our team.
Ms Wikramanayake said Macquarie now expects its full-year results to be slightly down as opposed to significantly down compared to the previous years performance but added impairments and credit losses were expected.
Market conditions are likely to remain challenging, especially given this significant and unprecedented uncertainty caused by the COVID environment…
-
Noosa News13 hours agoSecond fatal SEQ e-bike accident in days as teen killed in Gold Coast crash
-
Noosa News7 hours agoGiant hailstones hit parts of south-east Queensland as region braces for more severe thunderstorm activity
-
Noosa News16 hours agoPotential tornadoes, giant hail forecast from supercell storms in eastern Australia
-
Noosa News13 hours agoBoy killed in e-bike crash with teen rider on Sunshine Coast identified as eight-year-old Zeke Hondow