News in Brief

News in Brief
ASX: Retailers, tech sector lead Aussie shares higher
Markets ASX Wrap

ASX: Retailers, tech sector lead Aussie shares higher

An earnings report by JB Hi-Fi bolstered the consumer discretionary sector.

AAP 13 Aug 2024
JB Hi-Fi growth in NZ continues
Retail

JB Hi-Fi growth in NZ continues

JB Hi-Fi's push to increase the size of its footprint in New Zealand has helped assuage a group-wide sales decline.At market open on Monday, the Australia-based technology retailer told the Australian Securities Exchange (ASX) that NZ sales grew 12.3% to $327.9 million in the...

Staff reporters 12 Aug 2024
Rocket Lab reports US$85m loss, 70% revenue jump
Markets

Rocket Lab reports US$85m loss, 70% revenue jump

Rocket Lab shares jumped to US$5.43 (NZ$9.04) in after-market trading (from a US$4.77 close) after the Kiwi-American firm reported June quarter revenue that jumped 70% to US$106.2 million versus the year-ago quarter.The increase came from more launches, but also “significant grow...

Staff reporters 09 Aug 2024
ASX: Aussie shares slip as miners drag and Mirvac plunges
Markets

ASX: Aussie shares slip as miners drag and Mirvac plunges

The ASX200 has finished down 0.2%, with BHP falling to a 21-month low.

AAP 09 Aug 2024