ASX closes 0.23% higher: Woolies tumbles 4.2%
Thursday, May 02, 2024       14:17 WIB

At the closing bell, the S&P/ASX 200 was 0.23 per cent higher at 7,587, as National Australia Bank exceeded analysts' expectations with a $3.55 billion cash profit, while US markets remained mixed following the Federal Reserve's decision to maintain interest rates and Chairman Powell's indication of unlikely further rate hikes. Meanwhile, Woolworths faced a 4.2 percent decline in shares after reporting lower-than-expected profits and anticipating increased costs, while Bapcor plummeted 23.9 percent due to downgraded profit forecasts attributed to consumers' reduced spending amid rising living expenses.
Futures
The Dow Jones futures are pointing to a rise of 152 points.
The S&P 500 futures are pointing to a rise of 26.25 points.
The Nasdaq futures are pointing to a rise of 110 points.
The SPI futures are up 26 points.
Best and worst performers
The best-performing sector was Information Technology, up 0.96 per cent. The worst-performing sector was Consumer Staples, down 2.46 per cent.
The best-performing large cap was Qube Holdings (ASX:QUB), closing 6.71 per cent higher at $3.50. It was followed by shares in Amcor (ASX:AMC) and Meridian Energy (ASX:MEZ).
The worst-performing large cap was Woolworths Group (ASX:WOW), closing 4.15 per cent lower at $30.50. It was followed by shares in AGL Energy (ASX:AGL) and Coles Group (ASX:COL).
Asian markets
Japan's Nikkei has lost 0.10 per cent.
Hong Kong's Hang Seng has gained 2.29 per cent.
China's Shanghai Composite has lost 0.33 per cent.

Sumber : sharecafe.com.au

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