Healthcare stocks rose a little past 0.7% at midday Wednesday. Citing easing inflation, the Reserve Bank of Australia cut its key policy rate to 4.10 % from 4.35%
EBOS Group (ASX:EBO, NZE:EBO) reported fiscal half-year diluted earnings of AU$0.569 per share, down from AU$0.71 per share a year earlier. Revenue for the six months ended Dec. 31, 2024, was AU$5.99 billion, down 9% from AU$6.58 billion a year earlier.
On the flip side, financial stocks fell over 1.7%, after National Australia Bank's (ASX:NAB) cash earnings fell year-over-year.
The bank reported unaudited cash earnings of AU$1.74 billion for the first quarter of fiscal 2025, down from AU$1.8 billion for the year-earlier period. Cash earnings were down 2% compared with the quarterly average in the second half of fiscal 2024.
The bank's shares fell over 6% in recent trading.
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