In our local market the ASX200 is trading at 6,123.90 higher by 26.08 points or +0.43% with gains in the energy sector +1.44% and Health Care sector +1.02%. Across Asia the NIKKEI is down -0.37% and the HANG SENG is also down -0.92%.
Making news, a2 Milk released a trading update which outlined that second-half gross margins will stay broadly in line and expansion plans in the US and China underpin higher marketing costs. The stock slumped 20% and is currently down 13.2% trading at $10.53. See A2M chart below.
Best Performing Stocks
- Dominoe’s pIzza (DMP) +5.19%
- InvoCare (IV) 4.38%
- White Haven Coal (WHC) +4.31%
Worst Performing Stocks
- A2 Milk Company (A2M) -13.11%
- Bellamy’s Australia (BAL) -10.05%
- CYBG PLS (CYB) -5.99%