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    BXB   AU000000BXB1

BRAMBLES LIMITED

(BXB)
  Report
End-of-day quote. End-of-day quote Australian Stock Exchange - 12/03
10.19 AUD   +1.90%
12/02BRAMBLES : Daily Buy-Back Notification
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12/02BRAMBLES : Daily Buy Back Notifications Corrections
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11/30BRAMBLES : Notification regarding unquoted securities - BXB
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SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Australia shares climb as central bank douses rate hike fears

09/14/2021 | 03:15am EST

* Energy stocks outperform ASX 200

* RBA does not see cash rate increasing until at least 2024

* NZX 50 traded flat

Sept 14 (Reuters) - Australian shares ended higher on Tuesday as oil stocks led the gains on firmer prices, while the country's central bank expressed near-term optimism on economic recovery and doused investor fears over sooner-than-expected interest rate hikes.

The S&P/ASX 200 index climbed 0.16% to close trade at 7,437.3 points. The benchmark ended 0.25% higher on Monday.

Reserve Bank of Australia (RBA) Governor Philip Lowe said on Tuesday he was confident economic activity would rebound quickly once coronavirus restrictions were eased in coming months and reiterated that interest rates were not expected to rise from record lows until 2024 given persistently sluggish wage growth.

"RBA Governor's latest speech lifted market sentiment to some extent and calmed investor concerns over sooner-than-anticipated interest rate hikes, a stance which is more forward-looking as it sees the setback to the economic expansion as temporary," Chief Executive Officer of Kalkine Group Kunal Sawhney said.

Australian energy stocks rose 4.45% after oil prices scaled a six-week high as U.S. output remains slow to return two weeks after Hurricane Ida slammed into the Gulf Coast and on worries another storm could affect output in Texas this week.

Heavyweights Beach Energy Ltd and Woodside Petroleum Ltd led gains in the sub-index as well as on the local bourse, advancing up to 7.7% and 6.7%, respectively.

Bucking the trend, supply-chain logistics specialist Brambles dived nearly 12%, marking its worst day in 4-1/2 years on higher investment spending plans.

Australian metals and mining index rose 0.52%, with heavyweights Rio Tinto and BHP shrugging off weakness in iron ore prices to gain more than 1% each.

Lithium miners Orocobre Ltd and Pilbara Minerals advanced up to 5.1% and 3.2%, respectively, as lithium prices hit three-year high as demand for electric vehicle batteries surges.

New Zealand's benchmark S&P/NZX 50 index traded flat to finish the session at 13,170.9 points.

(Reporting by Riya Sharma in Bengaluru; Editing by Sherry Jacob-Phillips)


ę Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
ALLKEM LIMITED -2.96% 9.18 End-of-day quote.105.37%
BEACH ENERGY LIMITED 0.86% 1.175 End-of-day quote.-34.90%
BHP GROUP 1.31% 40.23 End-of-day quote.-5.19%
BRAMBLES LIMITED 1.90% 10.19 End-of-day quote.-3.87%
PILBARA MINERALS LIMITED -3.54% 2.45 End-of-day quote.181.61%
WOODSIDE PETROLEUM LTD 1.14% 21.34 End-of-day quote.-6.16%
All news about BRAMBLES LIMITED
12/02BRAMBLES : Daily Buy-Back Notification
PU
12/02BRAMBLES : Daily Buy Back Notifications Corrections
PU
11/30BRAMBLES : Notification regarding unquoted securities - BXB
PU
11/30BRAMBLES : Daily Buy-Back Notification
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11/28BRAMBLES : Announcement of buy-back - Appendix 3C
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11/25BRAMBLES : Announcement of buy-back - Appendix 3C
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11/23BRAMBLES : Application for quotation of securities - BXB
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11/23BRAMBLES : Announcement of buy-back - Appendix 3C
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11/21BRAMBLES : Application for quotation of securities - BXB
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11/21BRAMBLES : Announcement of buy-back - Appendix 3C
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Financials (USD)
Sales 2022 5 690 M - -
Net income 2022 569 M - -
Net Debt 2022 2 292 M - -
P/E ratio 2022 17,9x
Yield 2022 3,10%
Capitalization 10 099 M 10 128 M -
EV / Sales 2022 2,18x
EV / Sales 2023 2,08x
Nbr of Employees 12 000
Free-Float 98,6%
Chart BRAMBLES LIMITED
Duration : Period :
Brambles Limited Technical Analysis Chart | BXB | AU000000BXB1 | MarketScreener
Technical analysis trends BRAMBLES LIMITED
Short TermMid-TermLong Term
TrendsBearishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 14
Last Close Price 7,13 $
Average target price 8,93 $
Spread / Average Target 25,1%
EPS Revisions
Managers and Directors
Graham Andrew Chipchase Chief Executive Officer & Director
Nessa Ita O'Sullivan Chief Financial Officer & Executive Director
John Patrick Mullen Non-Executive Chairman
Rodney Hefford Chief Information Officer
Anthony Grant Froggatt Independent Non-Executive Director
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