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2 results for “asx”
The S&P/ASX 200 index has recorded its tenth consecutive day of decline, closing at 8,652.1 points as Australia's inflation rate surged to 4.6% in March. The prolonged downturn, driven by energy supply shocks and RBA rate hike fears, marks the longest losing streak for the index since mid-2022.
Woolworths Group reported Q3 sales of A$18.10 billion, beating expectations, but shares dropped nearly 10% as the company warned that rising fuel costs and geopolitical tensions will impact profit margins.