markets

The local sharemarket continued its recent weakness, falling another 2 per cent for the first day of spring. Australia’s largest company, BHP (ASX:BHP) was the biggest detractor falling 7.6 per cent, or $3.09 cents as the stock went ex-dividend. This is a regularly forgotten impact of the payment of dividends, which totalled $2.56 plus franking credits, as…

The S&P/ASX200 almost turned around a sharply weaker start to trading on the final day of August, falling just 0.2 per cent on Wednesday. In a reverse of recent days, the energy sector was the biggest detractor after the European Union warned of a potential intervention in energy markets and China faces another COVID-19 outbreak….

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A merger that would have created the third largest licensee is cancelled.

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