Previous close | 106.19 |
Open | 105.99 |
Bid | 106.01 x 0 |
Ask | 106.28 x 0 |
Day's range | 105.99 - 106.27 |
52-week range | 102.30 - 107.00 |
Volume | |
Avg. volume | 4,608 |
Market cap | 34.377B |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | 13.86 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
(Bloomberg) -- Macquarie Group Ltd.’s earnings missed estimates as a plunge in profit from its commodities and global markets business dragged on the Australian firm’s performance.Most Read from BloombergSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineTurkey Confirms All Trade Halt With Israel Over War in GazaHuawei Secretly Backs US Research, Awarding Millions in PrizesBiden Calls Ally Japan ‘Xenophobic’ Along With China, RussiaUS and Saudis Near Defense Pact Meant to Reshape Midd
(Reuters) -Australia's top investment bank Macquarie said its annual profit slumped by a third, the sharpest in 15 years, as a stabilisation in energy markets hammered its commodities trading division and it made less money selling green energy assets. The Sydney-listed financial giant said on Friday profits in the year to March were impacted by a normalisation in commodity prices from a year earlier, less money made from selling green energy assets, and increased investment in green energy portfolios. The firm's commodities and global markets (CGM) business - its top profit-generating arm that offers financing and lending services to clients dealing in commodity and financial markets - recorded an annual profit of A$3.21 billion, 47% lower than last year.
Macquarie Bank customers only have a few weeks left to access over the counter services.