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The ASX200 hit an all-time intra-day record in afternoon trade as investors celebrate reporting season.
In sectors – Utilities lead the bourse higher, followed by Financials and Staples.
The Telecommunication sector was the worst performer, dragged lower by telco giant Telstra (ASX:TLS), followed by Energy and Materials.
In the Green
Big four bank Westpac (ASX:WBC) hit the ball out of the park with its quarterlies reported early this morning. The blue chip Aussie bank increased its cash earnings to $1.9B, compared to $1.8B a year ago.
Lumos Diagnostics (ASX:LDX) kicked off a strategic partnership with U.S.-based PRO-spectus to accelerate the marketing, access, and reimbursement of its point-of-care diagnostic test.
And finally in the gainers, Life 360 (ASX:360) hit an all-time high of $44.90 in intra-day trade. This is a +270% increase above its April 7 low.
In the Red
Centaurus Metals (ASX:CTM) raised $20 million through an institutional placement, but the news dropped it into today’s losers. The funds will advance the company’s flagship Jaguar Nickel Sulphide Project in northern Brazil.
Also down, Servcorp (ASX:SRV) inked a record full-year result and net profit was $69.1 million, a +23% increase on the previous year – but it wasn’t enough to keep traders selling through Thursday’s session.
And, Telstra (ASX:TLS) was heavily sold off today despite the telecom giant’s results largely meeting expectations. Annual net profit rose +31% to $2.34 billion, while the telco announced a new $1 billion share buyback.
