ASX earnings momentum continues

Company News

ASX Limited (ASX:ASX) has improved its net profit by 10 per cent to $286.9 million in the nine months to the end of March.  
 
Over the same period the operator of the Australian Securities Exchange boosted its revenue by 6.8 per cent to $488.4 million on the back of growth in all of its major revenue categories. 
 
Total capital raised in listings saw 32.3 per cent growth to hit $44.4 billion, boosted by strength in the second quarter. 
 
ASX reports the average daily on market value traded in its cash market increased 5.4 per cent to $3.3 billion. 
 
Managing Director Elmer Funke Kupper says the results build on the recovering global economy and improved activity levels observed in the company’s half year results. 

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