ASX200 down 10 points (0.1%) to 7048.
- AP Eagers (+2.7%); expects a pickup in March Q profit supported by what it said was an unusually strong vehicle market.
- Brambles (-1.1%); the merger of Kegstar and MicroStar is complete.
- Coca Cola (-1.2%); ex div 18c. Trading down 16c. Shareholders to vote on CCEP takeover today.
- Gold; shining bright today EVN +2.8% GOR +3.3% NCM +2.6% NST +2.9% PRU +3.5% RSG +3.9%
- Mineral Resources (-4.2%); has cut its iron ore export guidance.
- Monadelphous (+4.2%); has settled out of court with Rio Tinto post a fire incident art Rio’s facility at Cape Lambert, WA.
- National Aust Bank (-0.5%); seeing “clear and widespread signs” of business getting back on track with NAB bankers approving more business loans than before.
- Origin (-5.6%); downgrades guidance after adverse outcome on gas contract price review. Challenging operating conditions to persist.
Friday Dad Joke;
An old lady offers the bus driver some peanuts. The bus driver happily accepts and eats them. Every 5 minutes she gives him a handful more peanuts. The driver asks “why don’t you eat them yourself?”.
The lady replies “I can’t chew. Look, I have no teeth”. Driver “so why do you buy them?”. The old lady says “Oh, I just love the chocolate around them….”.
