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ASX falls 1pc; Altium’s profit soars 57pc

ASX tumbles 1pc

The S&P/ASX 200 fell 1 per cent, or 67.6 points, to 7046.9 on Monday in a busy session of corporate results. It was the benchmark’s largest single-day decline in over a month.

Adbri plunged 16.9 per cent to $2.21 after reporting a fall in profit and dividends in the half year to June.

Reliance Worldwide tumbled 6.2 per cent to $4.23 after reporting a slide in its profits in the 2022 financial year.

EML Payments firmed 6.1 per cent to $1.12 after announcing its results, which included a buyback.

Magellan dropped 9.9 per cent to $13 as it was trading ex-dividend.

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    Original URL: https://www.afr.com/markets/equity-markets/asx-to-slip-reporting-season-to-peak-this-week-20220820-p5bbdn