Laura Bessarati
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Podcast Appearances
So certainly helpful.
And financials lifting by 0.4%.
Remember they had a really good day yesterday and still just extending those improvements.
Not quite as good as yesterday, but still an improvement nonetheless, which is helpful.
Shares of betting company Tabcorp have had a very rough session today, slumping by 26% at one stage before recovering slightly.
They're currently down by around 23% at the moment, so still a huge decline.
The plunge comes after the regulator flagged major concerns with how it manages its anti-money laundering controls.
Now, its chairman said Tabcorp takes its anti-money laundering and counter-terrorism financing obligations very seriously, and the board and executive are fully committed to collaborating with AUSTRAC, which is the regulator, but still that big hit to its share price today.
I mentioned that Aussie gold miners have been following gold prices higher right at the outset, and this is, of course, on the prospect of US-Iran agreements.
Now, we saw the gold subsector drop by 24% over the course of March, which was when our market was most impacted by the conflict.
Now, it did track a 12% drop in gold prices over the month of March as well, but we have seen them slowly clawing back losses with the gold subindex up
four and a half percent today, and it's improved by something like six percent over the month so far.
Among the top performers today has been Orica.
This is a company that provides...
explosives and blasting services for the mining industry.
Now, this is after it narrowed its half-year losses from $89 million in the first half of 2025 to a loss of $600,000 this half.
So it also upped its dividend from the same time last year, up 14% to $0.285 per share.
saying the results were supported by strong demand for its higher-end products and technology, as well as a solid gold and copper markets and disciplined cost management as well.
So, Orica shares up in the order of 8% today.