Australian Shares Hit Fresh Record High


‘,
buttonPrevHTML: ”,
};

function adaptBreadcrumbs() {
let breadcrumbs = document.querySelectorAll(‘#header-breadcrumbs’);

for(i = 0; i < breadcrumbs.length; i++) {
let title = breadcrumbs[i].querySelector(‘.breadcrumbs-title’);
let btns = breadcrumbs[i].querySelector(‘.btn-container:last-child’);

if(btns && btns.children && btns.children.length) {
if(parseInt(title.getBoundingClientRect().top + title.getBoundingClientRect().height / 2) == parseInt(btns.getBoundingClientRect().top + btns.getBoundingClientRect().height / 2)) {
title.style=”flex-grow:1;”;
} else {
title.style=”flex-grow:0;”;
}
} else {
title.style=”flex-grow:1;”;
}

}
}

window.addEventListener(‘resize’, adaptBreadcrumbs);
document.addEventListener(‘DOMContentLoaded’, adaptBreadcrumbs);

The S&P/ASX 200 experienced a modest increase of 0.1%, reaching a new record peak of 8,944 as of Monday. This rise came as investors evaluated a series of corporate earnings reports while anticipating further significant disclosures throughout the week. Key performers included Lendlease, which surged by 3.3% to its highest point since June after reporting a return to annual profitability and announcing an increase in its fiscal year distribution. Similarly, GPT Group advanced 2.3% to a level last seen in January 2022, supported by a return to first-half profitability due to gains in property valuations. Aurizon Holdings rose by 1.4%, with a plan for share buybacks and a positive earnings forecast enhancing investor sentiment, even amid a decline in annual profit. Additionally, Ampol edged up by 0.2% following a better-than-anticipated first-half 2025 report. On the geopolitical stage, investor focus remained on the adjustments in US tariff policies. The Trump administration’s expansion of 50% tariffs on steel and aluminum, now encompassing several hundred additional products, was set to begin on August 18.




Source link

Scroll to Top