The Market Wrap with Henry Jennings, Senior Investment Analyst & Portfolio Manager at MARCUS TODAY

Building company James Hardie has recorded a strong set of full year results, despite a slowdown in the construction sector.

 

• • ASX200: up 0.03%, 7,311
  • AUD: 65.18 US cents
  • GOLD: $1,963 US/oz
  • BITCOIN: $43,029 AUD

 

• Building materials major James Hardie soared 15 per cent after their results announcement.
• Coronado Global fell 12 percent on their earnings
• Myer also slumped 14 per cent
• The decline in iron ore prices predicted to extend this year
• China’s exports fell for a third straight month in July amid a slump in global demand