Australian shares have fallend almost one per cent on Tuesday, with profit taking amid some weak company results and domestic political turmoil.
Super Retail has posted a 26 per cent jump in annual net profit, due to comparable sales growth and its purchase of outdoor apparel and equipment firm Macpac.
Allegations of unfair franchisee payment structures has impacted Mortgage Choice's full-year profit after it was forced to change the remuneration structure.
Amcor has delivered a 21 per cent jump in annual net profit, but warns that interim earnings will be "modestly" higher amid rising raw material costs.
The Reserve Bank of Australia has stressed that keeping rates at 1.50 per cent would help reduce the jobless rate and lift wage growth over time.
Healthscope's annual net profit drop has dropped 50 per cent, hurt by a lease provision of $62.5 million for Frankston Private Hospital and closure costs.
Energy producer Oil Search has posted a 39 per cent drop in half-year profit after a February earthquake in Papua New Guinea hit its production.
Optimism over a potential resolution to the US-China trade row has lifted the Dow and S&P, led by trade-sensitive stocks but Tesla and Intel were down.
Mining and healthcare stocks have made solid gains to lift the Australian share market to a slightly positive close on Monday.
oOh!media has cut its interim dividend by 22 per cent after reporting a 1.6 per cent rise in first-half net profit to $9.3 million.
Vet and pet care specialist Greencross has suffered a slump in full-year net profit as a result of writedowns but comparable sales have improved.
Woolworths says sales have slowed following the introduction of the plastic bags ban on June 20 after net profit rose 12.5 per cent in 2017/18.
Eclipx has knocked back an unsolicited takeover offer from SG Fleet, saying it is highly conditional and does not reflect Eclipx's long-term value.
Ansell has forecast a mixed outlook after reporting a tripling of full-year net profit to $662.4 million, thanks to sale proceeds from its condom business.