The ASX has communicated to all market participants of an industry-wide ASX settlement failure that occurred on Friday the 20th of December. This failure has meant that CHESS was not able to complete market settlement on Friday and has deferred settlement to Monday the 23rd of December. For those clients who had sell trades settling on Friday we have ensured those sale proceeds have been made available to you for trading on Monday. Stock delivery for clients who had buy trades settling will need to wait until Monday before the shares become available to sell. We apologise for any inconvenience this ASX outage has caused.
Reporting Season - 27 August
Companies covered: BHP Group (BHP), Woodside Energy (WDS), Guzman Y Gomez (GYG)
Stocks discussed:
- BHP Group (ASX: BHP): FY underlying net profit tops estimates, on a 3% rise in revenue but warns the external operating environment remains volatile
- Woodside Energy (ASX: WDS):HY profit jumps 11% to US$1.9bn, though core net profit declined due to lower realised oil prices amid weak demand signals from top importer China
- Guzman Y Gomez (ASX: GYG): Swings to FY loss of AU$13.7 million, pro forma net profit, which adjusts for the costs associated with its IPO, rose 94%, 71% ahead of its prospectus