Business
Why Accent, Afterpay, Creso Pharma, & Thorn shares are charging higher
In late morning trade the S&P/ASX 200 Index (ASX: XJO) has given back some of its early gains but is still trading higher. At the time of writing, the benchmark index is up 0.2% to 6,723.1 points.
Four shares that are climbing more than most today are listed below. Here’s why they are charging higher:
The Accent share price is up 3.5% to $2.43. This follows the release of a trading update after the market close on Thursday. That update revealed that the footwear retailer’s strong performance continued over the important holiday period. For the two months to 27 December, the company’s total sales were up 12.3% and like-for-like sales grew 7.4%. Excluding the closure of Auckland, Victoria, and Adelaide stores, like-for-like…
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