AUDUSD0.6524
-0.0047 (-0.71%)-0.71%ASX dips; CSL, JB Hi-Fi hit record highs
Key Points
- Australian shares have closed slightly lower.
- Aurizon has increased its interim dividend and expanded its on-market buy-back.
- JB Hi-Fi has reported record sales and earnings in the first half.
- Boral has confirmed a $36.6 million earnings hit from financial irregularities.
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ASX dips as Boral dives, JB Hi-Fi soars
The Australian sharemarket has closed slightly lower on Monday after recovering from a heavy dip during morning trade.
The S&P/ASX 200 Index fell 10.1 points, or 0.1 per cent, to 7012.5.
BHP Group dropped 1 per cent to $38.40, Commonwealth Bank slid 0.6 per cent to $84.32 and Insurance Australia Group declined 2.7 per cent to $6.88.
Boral shares were hit hard, dropping 10.7 per cent to $4.60 after warning of a $36.6 million earnings hit.
CSL firmed 0.9 per cent to $322.96, Woolworths advanced 0.9 per cent to $43.11 and Newcrest Mining climbed 2.2 per cent to $29.62.
JB Hi-Fi soared 11.5 per cent to $44.71 after reporting a strong six months of trading.
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