Shares for Medibank were rising more than 5% on underlying net profit, increasing 6.7% better than market consensus.
World Markets: Global Insights into Financial Trends and Investment Opportunities
When concerned with the global economy, it’s important to look beyond the powerhouses that are often in the spotlight, and to look at the various emerging markets operating just off stage.
Today’s biggest emerging markets (BEMs), include Argentina, Brazil, China, India, Indonesia, Mexico, Poland, South Africa, South Korea and Turkey. Not as big, but still making impact, are Egypt, Iran, Nigeria, Pakistan, Russia, Saudi Arabia, Taiwan, and Thailand.
Shares Surge for Qube Holdings’ [ASX:QUB] Doubling Profits
Qube was flying high on the ASX today, shareholders boosting its stock value more than 11% as the company reports double the profits made the same time in the prior year.
WiseTech [ASX:WTC] Shares Rise on ‘Strong Growth and Margin Expansion’
Shares for WiseTech were rising more than 4% for the group’s latest financial results, a strong first half for FY23.
Flight Centre [ASX:FLT] Ups Revenue Three Times to $1 Billion for 2H 2022
FLT has curbed its losses, rebounding with three times its revenue from last year as travel momentum returns.
Oz Minerals [ASX:OZL] Flags Lower Profit on Weak Sales and Copper Price
OZL posts a $175 million revenue deficit to last year, blaming less sales and lower copper prices.
Woolworths [ASX:WOW] Delivers Gains but Warns of Continuing Inflation
Woolworths rose 1% in shares, overlapping Coles as its competitor moved in the other direction overnight. Woolworths enjoyed rising earnings and profit in the half year but warned of further challenges to come.





