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.
The C-Suite: Elliott Rusanow, Scentre Group CEO
Scentre Group (SCG) posted first half profit of AU$404 million, which includes an unrealised property valuation decrease of AU$120 million. Looking ahead, the company is tipping year-end growth of between 3 to 5% by December 2024. For more on the results take a listen to Scentre Group Chief Executive Elliott Rusanow.