Market Update – ASX Reporting Period
Cost Control & Pricing Power
Understandably, the war in Ukraine has overshadowed a strong ASX Report Period.
Analysts displayed growing optimism as Australian businesses emerged from the omicron wave better than feared. This optimism translated into upgraded FY22 earnings from 13.6% to 14.2%, led by materials and energy sectors, the beneficiaries of global inflation and geopolitical risks.
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