{
Mineral Resources Ltd.

Companies

}
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001122334455554433221100

Australia 200 declines despite positive global economic news and mixed sectors

The Australia 200 index fell 63 points (-0.78%) to 8077, marking its eleventh decline in 14 sessions, despite positive global news. The energy sector dropped 5.9% this week, while the financial sector nears February lows. In contrast, the technology sector gained, buoyed by a rally in the US Tech 100.
IG
Euro United States Dollar Chinese Yuan WiseTech Global Ltd. Commonwealth Bank of Australia National Australia Bank Ltd. Mineral Resources Ltd. Australia and New Zealand Banking Group Ltd. CHN DEU AUS Show more
Finance & Economy, Market Report
05:06 06.03.2025

national australia bank faces challenges as earnings decline amid rising costs

National Australia Bank (NAB) reported a 2% decline in quarterly cash earnings to $1.74 billion, impacted by lower net interest margins and increased competition, alongside rising credit impairment charges of $267 million. Meanwhile, Goodman Group raised $4 billion to expand in logistics and data centers, achieving an 8% rise in operating profit to $1.2 billion. Mineral Resources has halted dividend payments to focus on the Oslo iron project and debt reduction, with revenue down 9% to $2.3 billion due to falling commodity prices.
IG
United States Dollar Australian Dollar Mineral Resources Ltd. Goodman Group National Australia Bank Ltd. AUS Show more
Finance & Economy, Market Report
07:08 19.02.2025
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