ASX Rises on BHP and CSL Gains | Perth News
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ASX Rises on BHP and CSL Gains | Perth News
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Australia’s ASX200 edged up 19.6 points, fueled by strong earnings from BHP and CSL—despite CSL’s first annual loss since 1994—lifting the healthcare sector over 7%. BHP surged 3.6% on a $10B profit, while Pro Medicus and Cochlear also rallied after beating forecasts. Global markets remain cautious amid rising oil prices and Middle East tensions, limiting broader gains. Materials saw mixed results: Fortescue gained modestly, Rio Tinto dipped, gold and battery miners retreated. Banks and consumer stocks dragged the market lower, though Challenger jumped 7% on a buyback announcement and Goodman Group soared 5% after securing a Tokyo data center lease.
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