ASX 200 ends higher; Sims jumps on better-than-expected result, Ansell plunges on profit crash
Shares end losing streak. Sims jumps on consensus beat. Challenger up on reaffirmed guidance. Star crashes to new low. Ansell and Temple & Webster dumped on profit slumps.
Welcome to the Trading Day blog for Tuesday, February 14. The Australian sharemarket snapped a three-day losing streak to end marginally higher with eight of the 11 index sectors in the green.
The S&P/ASX 200 index closed 0.2 per cent higher to 7430.90.
Wall Street is set for a subdued start amid the release of January CPI data. Futures tied to the S&P 500 and Dow Jones were both down 0.1 per cent, while the Nasdaq was 0.2 per cent off.
The dollar is near US69.70c at the close of local trade.
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