Westpac (ASX:WBC) sells Life Insurance business to TAL Dai-ichi. The transaction cost is AU$900 million. Westpac is likely to report a total after tax loss of AU$1.37 billion post this sale.
Australian share market opened higher on Monday, tracking strong cues from Wall Street
The benchmark ASX 200 index ended the month 5.7% higher at 6,945.2 points
The ASX 200 is likely to open 46 points or 0.7% higher on Monday morning
Inflation tends to have both direct and an indirect impact on stocks
The Australian share market opened higher on Friday, tracking strong cues from Wall Street
The Australian shares ended in the green on Thursday, with the benchmark ASX 200 index advancing 0.97% or 66.50 points to close at 6,889.70 points.
The Australian share market is expected to rise on the last week of the trading session, tracking strong cues from Wall Street
The ASX 200 benchmark index closed higher today (July 28), up 0.97% at 6,889.70 points. Top performing stocks featured Pointsbet Holdings Limited (ASX:PBH) and Zip Company Limited (ASX:Zip), up 20.61% and 22.58% respectively.