The sharemarket weakened as investors await corporate news that will begin to flow with the start of earnings season later this week. “We will have lots of reporting from companies in the market this month and buyers are sitting back and waiting for the results to start rolling in. RICKY WILSON/Stuff Investors are awaiting reporting season when listed companies will report on their profits. IkeGPS also expects to offer about A$3m of shares to eligible investors at the same price as the placement. On Friday, Wall Street ended at a new high after a government report showed the US job market improving.
Source: Stuff August 09, 2021 05:48 UTC