Operational updates dominated the market headlines and investor decision making today.
Eagers Automotive jumped more than 3% after releasing a half year market update including the company expecting to report a statutory net profit before tax from continuing operations of $246m for the first half, which exceeds the company?s guidance expectations.
Investors also piled into Viva Energy shares today after the energy company also released an operational update including total group sales volume up 5.2% for the half from the prior corresponding period, and unaudited underlying group EBITDA for the first half is expected to be up 140% on the same period a year earlier.
The Australian market as a whole edged slightly higher to close Tuesday?s session only just in positive territory as a surge in healthcare stocks outweighed the sharp sell-off in metals and mining stocks today.
Get it first, get it fast, get Grafa.