Business
Sharemarket flat as bumper CSL result offsets broader weakness – The Australian Financial Review
A positive jobs market report and a surge in profit from market heavyweight CSL helped the market avoid a fall on Thursday amid a big day of results.
ANZ reported first-quarter cash profit from continuing operations of $1.8 billion. Adding to the momentum from the well-received results from Westpac earlier in the week, ANZ shares closed 2.8 per cent higher at $26.55 following the update.
Elsewhere in financial services, Perpetual shares dropped 6.2 per cent to $31.40 after reporting a first-half profit of $29.2 million 43 per cent below the same period last year.
Iress delivered full year results that featured underlying earnings per share in…
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