Company News - Temple & Webster (ASX:TPW) experienced a significant decline of -30% as its half-year profits fell short of expectations by approximately 30%, despite an increase in revenues, indicating poor margins. Notably, 62% of total orders are from repeat customers [4] - Pro Medicus (ASX:PME) also faced a sharp drop of over -20% as its first-half revenue missed estimates, which is considered a critical failure during earnings season [5] - ASX Ltd (ASX:ASX) reported an increase in profits; however, the company's expenditures rose by about 20%, suggesting that the profits may not be substantial. Additionally, former CEO Helen Lofthouse departed from the company this week [5] Industry Insights - The ASX reached a new record high, driven by Commonwealth's stock performance, although the overall market position remains similar to last October [1] - Brent Crude oil prices have returned to approximately US$70 per barrel, influenced by ongoing U.S.-Iran tensions, despite Iran's reduced oil supply to the U.S. [3] - Precious metals, including gold and silver, have stabilized, with no recent record highs, as the market awaits developments regarding Kevin Warsh at the Federal Reserve [3]
The ASX Today: XJO travels flat (like gold and the S&P500) but USD hedge continues; Brent crude near US$70bbl
The Market Online·2026-02-12 04:26