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The Market Wrap with Henry Jennings, Senior Investment Analyst & Portfolio Manager at MARCUS TODAY

Scott Haywood

Building company James Hardie has recorded a strong set of full year results, despite a slowdown in the construction sector.

 

    • ASX200: up 0.03%, 7,311
    • AUD: 65.18 US cents
    • GOLD: $1,963 US/oz
    • BITCOIN: $43,029 AUD

 

  • Building materials major James Hardie soared 15 per cent after their results announcement.
  • Coronado Global fell 12 percent on their earnings
  • Myer also slumped 14 per cent
  • The decline in iron ore prices predicted to extend this year
  • China’s exports fell for a third straight month in July amid a slump in global demand

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Scott Haywood
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