the COB - 20.08.24

The local market rose for an eighth session during Tuesday’s trade and the Aussie dollar also rose; as the US dollar weakened amid Fed rate cut hopes and the RBA board minutes reiterated our central bank does not see a cut any time soon.
The ASX 200 gained 17.3 points to 7997.70.
Gold stocks hit a near four year high as the price of the precious metal held steady near record highs.
Among the reporting season highlights, Dexus shares slipped 8.9% after reporting a $1.58 billion statutory loss for the 2024 financial year.
ANZ reported a third quarter trading update, noting mortgage arrears are rising. It did not disclose its quarterly cash profit.
Ansell reduced its final dividend by 16% as net profit fell 49% to $76.5 million. Shares rose 8.9% to $29.76.
Plumbing supplies group Reliance Worldwide rose 8.9% following stronger-than-expected results from its US operations.
Retailer Baby Bunting's shares gained 8.9%% after reporting improved sales at the beginning of FY25.
Meanwhile, retailer KMD Brands reported preliminary results down from FY23.. Shares rose 6.8%
Engineering firm Monadelphous Group shares gained the most in nearly two years after its FY earnings and dividend payment came in ahead of analyst expectations.
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The gold miners are listed, but not tech companies?