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ASX 200 finishes the week 0.6% lower, Brambles pops 7.5% after results

Published 24/02/2023, 04:43 pm
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By Oliver Gray 

Investing.com The S&P/ASX 200 added 21.6 points or 0.3% to 7,307 during Friday’s trade, declining for the third consecutive week as market participants monitored earnings results from Brambles Ltd (ASX:BXB) and Mineral Resources Ltd (ASX:MIN).

Among stocks, Brambles Ltd (ASX:BXB) surged 7.5% after reporting EPS of A$0.37 versus $0.34 expected, while revenue came in at $4.31 billion versus $4.34 billion expected.

Mineral Resources Ltd (ASX:MIN) fell 0.1% as the company reported EPS of A$2.01 versus $2.4 expected, while revenues were reported at $4.313 billion versus $4.336 billion expected.

On the bond markets, Australia 10-Year rates were at 3.832%.

In New Zealand, the NZX 50 added 0.2% to 11,905.8.

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