What you need to know at the close
Earnings season continued in full swing today, guiding the market to a strong finish.
Logistics solutions company Brambles soared 8% today after it released strong trading results over the first 9-months of the financial year, boosting the industrials to close Thursday’s session as the leading sector.
Oil and gas giant Santos also felt some love from investors today, gaining almost 2%, after releasing a first quarter update including record production of 26 million barrels of oil equivalent in the quarter.
But fellow resources giant BHP wasn’t in the good books with investors today after it released its first quarter update revealing lower volumes of iron ore production due to labour constraints.
The Australian market closed Thursday’s session up 0.31%.
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