Thursday, 3 May 2018

The S&P/ASX 200 index, ARB Corp shares rose

The S&P/ASX 200 index finished the day at 6050.2 points, a gain of 35 points or 0.6 per cent.
Qantas is on track to record a record pre-tax profit this year after its third quarter revenue lifted 7.5 per cent. Its shares were up 8.1 per cent to $6.27. 

Aristocrat Leisure shares rose 3.4 per cent to $27.79 on the back of positive broker notes from its investor day on Tuesday.

Fairfax Media advanced with the company's 44.6 per cent stake in Domain giving investors optimism. Fairfax shares were up 5.6 per cent at 75¢.

ARB Corp shares rose on positive quarterly results, helping shares up 6.2 per cent to $22.06. 

Wisetech Global recorded its second solid day of growth after it upgraded its revenue growth guidance for the year. It's shares were up 4.3 per cent at $11.02. 

Nine Entertainment shares rose on the back of a target price raise from Macquarie. Its shares rose 6.1 per cent to $2.43.

JB Hi-Fi shares fell following poor growth results as it closed at $23.28, down 9 per cent.
Gateway Lifestyle shares fell 9.4 per cent to $1.79. 

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