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.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.