Across-the-board sell-off on the ASX with banks, energy and IT stocks particularly weak. Gold and defensive industrials outperform.
S&P/ASX 200 Intraday
Healius (HLS) soars 9.3% after saying that revenue was up 17.5% in the September quarter and underlying EBIT increased by 150.6%. Pathology revenues were 'strong', medical imaging revenues were 'up in all states other than Victoria' and hospital revenue were 'materially ahead' of last year.
Austal (ASB) sheds 0.9% after denying media reports about an investigation by the Australian Commission for Law Enforcement Integrity (ACLEI) into payments to Australian Border Force. Austal says it has had no contact with ACLEI and has no knowledge of any investigation, its status, or the substance or detail of any allegations that have been made.
AMP dives 5.6% after reporting net cash outflows of $1.95 billion in the September quarter, of which $692 million was the early release of super payments. Further outflows of approximately $450 million are expected in the December quarter due to the loss of a corporate super mandate.
S&P/ASX Sector Indices (% change)
The Star Entertainment Group (SGR) sheds 1.4% despite saying that trading during FY21 had been 'pleasing' with group domestic revenue running at approximately 70% of last year.
Online furniture and garden marketplace MyDeal.com.au (MYD) debuts on the ASX closing at $1.75, a 75% gain on its IPO price.
OZ Minerals (OZL) jumps 5.3% after confirming copper production of 68,681 tonnes and gold output of 66,746 in the September quarter. This puts the company on track to meet its full-year guidance targets which were revised slightly higher for gold to 242-259,000 ounces.
Flat fee broker SelfWealth (SWF) falls 0.8% after saying that the positive momentum from FY20 had continued into FY21 with 'record breaking trade volumes.'
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