The Last Trade || What helped ASX close at record highs?

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The Last Trade || What helped ASX close at record highs?

The last streaming segment of the day talks about the market closing scenario, along with giving a glimpse into the performance of the Asian markets. Watch The Last Trade on Kalkine TV and stay updated.

• First up. The share price of Woodside Petroleum rose over 1 per cent after it issued update on Scarborough project. The Australian natural gas producer said the costs for its offshore Scarborough gas development project are expected to touch US$12 billion.

• Shares of insurance firm Genworth Mortgage rallied as much as 9.9 per cent to AU$2.33 after it declared dividend on the back of strong profit. The Australia-based company reported an underlying net profit after tax of AU$76.4 million for the half year ending 30 June 2021.

• Share of GUD Holding dropped 4.8 per cent to hit an intraday low of AU$11.52, despite reporting rise in revenue and profit. The automotive products manufacturer posted 27.2 per cent growth in revenue for the financial year 2021, compared to the previous fiscal.

• Shares of BNK Banking soared 3.26 per cent to 79 cents on an alliance with Goldman Sachs for a AU$500 million securitisation warehouse. The financial Services company today said it has joined hands with Goldman Sachs to make an alliance to originate, fund and securitise specialist mortgages in Australia.

• Serko shares rose 1.2 per cent to AU$6.75 after the Australian travel bookings firm issued a business update. According to the company, travel bookings in New Zealand grew by 137 per cent in July.

• The stock price of ANZ Banking Group surged as much as 0.3 per cent today. The trigger for ANZ shares was the announcement by the bank’s chairman Paul O’Sullivan that Christine O’Reilly would join the ANZ Board on 1 November 2021 as a non-executive director.

• Moving on now and Shares of casino operator Crown Resorts fell as low as 2.3 per cent to AU$8.87 today. The stock fell after chief executive Xavier Walsh on Tuesday announced that he would step down on 20 August.

• The last share in the news is buy-now-pay-later Zip, whose extended gains into a third session. The stocks have witnessed strong rally after an AU$39 billion takeover of Afterpay by Jack Dorsey's payments firm Square on Monday.


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