Connect with us

Business

ASX 200 down 0.35%; NAB half year results, Nearmap crashes on legal threat

Published

on

At lunch on Thursday, the S&P/ASX 200 Index (ASX: XJO) is on course to record a disappointing decline. The benchmark index is currently down 0.35% to 7,070.4 points.

Here’s what is happening on the market today:

NAB half year results

The National Australia Bank Ltd (ASX: NAB) share price is trading lower following the release of its half year results. NAB reported cash earnings of $3,343 million for the six months ended 31 March. This was up 94.8% on the prior corresponding period. A key driver of its result was the write-back of a credit impairment charge of $128 million. This compares to a charge of $1,161 million in the prior…



Click here to view the original article.

Continue Reading
Advertisement

You might also like ...

2 excellent mid cap ASX shares rated as buys
Article feature image
Was the ChooseCBR scheme a waste of money? – The Canberra Times