ASX trading on better times ahead

Company News

ASX Limited (ASX:ASX) has predicted the gradual return of investor confidence, as it unveiled a small drop in first half net profit.

Australia’s main share market operator turned in a net profit of $171.1 million, marking a 2.5 per cent drop on the year before.

The group will pay a fully franked interim dividend of 87.9 cents, also down on last year.

ASX CEO Elmer Funke Kupper believes better economic news coming out of the US and Europe provides for a greater level of share market stability. 

Subscribe to our Daily Newsletter?

Would you like to receive our daily news to your inbox?