Topic

Westpac Banking Corp

Westpac flags higher expenses in quarterly update

Published 28 Aug, 2023 06:27am

SYDNEY: Westpac Banking Corp on Monday posted a quarterly cash profit of A$1.8 billion ($1.15 billion), in line with...

Australia’s ANZ looks beyond housing as rate hikes hit margins

Published 05 May, 2023 09:28am

Australian lender ANZ Banking Group Ltd said it was diversifying beyond a residential mortgage market gripped by...

Australia's Westpac suffers protest vote at AGM, chairman apologises for share slide

Published 15 Dec, 2021 10:05am

SYDNEY: Australia's Westpac Banking Corp was hit with a so-called "first strike" vote against executive pay plans at...

Australia shares slip as heavy losses in banks offset strong miners

Published 09 Nov, 2021 10:03am

Australian shares flitted in and out of positive territory to edge down on Tuesday, as losses in the financial ...

Australian share close higher as CBA boosts financials

Published 04 Oct, 2021 02:12pm

Australian shares closed more than 1% higher on Monday, as top lender Commonwealth Bank boosted financials, and...

Financials lift Australian shares higher; miners drop on subdued iron ore

Published 09 Aug, 2021 10:47am

Miners were also one of the biggest drags, shedding as much as 1.4% due to a fall in iron ore prices

Australia, NZ shares rise tracking Wall Street on stimulus boost June

Published 25 Jun, 2021 09:34am

Financials climbed more than 0.9%, snapping a two-day losing streak, as the so-called "Big Four" banks gained.

Australian central bank cancels bond operation as banks report outages

Published 17 Jun, 2021 11:44am

Representatives of Australian banks did not immediately respond to separate requests for comment.

Westpac lifts Australian shares higher, miners and oil firms cap gains

Published 03 May, 2021 12:02pm

In New Zealand, the benchmark S&P/NZX 50 index rose as much as 0.4% to 12,776.60, hitting its highest level since Feb. 18 and rising for a fourth straight session.

Australia, NZ dollars weaken ahead of US central bank meeting

Published 27 Apr, 2021 12:12pm

US intermediate-dated Treasury yields rose on Monday after the Treasury Department sold $121 billion in debt to mixed demand, but benchmark 10-year yields were only 1 basis point higher at 1.570%.

Fitch raises outlook for Australia's 'Big Four' banks as economy rebounds

Published 12 Apr, 2021 02:21pm

However, the ratings agency warned that risks to the forecast would remain until the vaccination programme is completed.

Dollar set for best week in three months as pandemic recoveries diverge

Published 05 Feb, 2021 11:48am

The dollar was little changed at 105.55 yen on Friday after earlier edging as high as 105.70 for the first time since Oct. 20.

Australia, NZ dollars up as yield spreads widen in their favour

Published 04 Feb, 2021 11:31am

The RBA will be buying bonds at a faster pace than the government is selling them, while also expanding its balance sheet more quickly than the US Federal Reserve.

New Zealand shares fall most in a week; Australia closed

Published 26 Jan, 2021 10:10am

New Zealand-listed shares of Westpac Banking Corp and Australia and New Zealand Banking Group were among the top drags, losing 1% each.

Australian dollar slips after bleak Dec retail sales data, NZ$ weakens

Published 22 Jan, 2021 10:55am

Westpac on Thursday ditched its call for two more rate cuts from the Reserve Bank of New Zealand (RBNZ) and forecast rates would be held at 0.25% for the foreseeable future.

Australian, NZ shares higher

Published 20 Jan, 2021 04:29am

SYDNEY/WELLINGTON: Australian shares ended firmer on Tuesday, as mining and financial stocks recovered from sharp...

Australia shares jump 1%, led by gains in mining and financial stocks

Published 19 Jan, 2021 10:56am

Australia recorded another day with no new locally acquired cases on Tuesday.

Australia, New Zealand dollars buoyed by risk-on mood

Published 19 Jan, 2021 10:06am

New Zealand government bonds fell slightly, sending yields about half a basis point higher across the curve.

Australia, NZ dollars firm, keen to say bye bye to Brexit

Published 24 Dec, 2020 08:57am

The news took a toll on safe haven bonds with Australian 10-year futures falling 6 ticks to 98.9600, implying a yield of 1.04% and back toward a recent low at 98.9200.

Australian shares track Asian peers higher on likely Brexit trade deal

Published 24 Dec, 2020 08:51am

The mining sub-index rose as much as 1.4%. Mining giant BHP Group climbed 2.3% while peer Rio Tinto added more than 1%.

Westpac's chairman hopes bank will return to 'consistent' dividends

Published 11 Dec, 2020 11:57am

While dividends at Australia's so-called 'Big Four' banks have been constrained by a regulatory limit imposed in light of the pandemic, Westpac was the only one to not pay an interim dividend earlier this year.

Australia's Westpac to sell Pacific businesses for $312 million

Published 07 Dec, 2020 10:11am

Westpac expects the sale to Papua New Guinea-based Kina Securities Ltd to boost its core capital by 3 basis points, but is writing in an expected loss of A$230 million from the deal.

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 3	278.65
USD PKR Interbank Buying / Jun 3	278.45
USD to Japanese Yen / Jun 4	159.92
USD to Swiss Franc / Jun 4	0.79
Pound Sterling to USD / Jun 4	1.34
Euro to USD / Jun 4	1.16
SOFR % / Jun 3	3.63

Stock	Volume
S&P 500 / Jun 3	7,553.68
Nasdaq / Jun 3	26,853.97
FTSE 100 / Jun 3	10,332.30
Dow Jones / Jun 3	50,687.07
Germany DAX 30 / Jun 3	24,795.94
France CAC40 / Jun 3	8,150.42
India Sensex / Jun 4	74,289.24
Tokyo Nikkei / Jun 4	67,399.25
Hang Seng / Jun 4	25,221.79

Item	Value
Gold 10 Grams PKR / Jun 3	401,030
Petrol/Litre / Jun 4	381.78
Crude Oil USD/Barrel / Jun 4	95.52
Gold Spot USD/Ounce / Jun 4	4,475.32
Diesel/Litre / Jun 4	380.78
Cotton US¢/pound / Jun 4	80.34

Gainers
Losers
Leaders

Stock	Price
Azgard Nine (Non-Voti) / Jun 4 Azgard Nine (Non-Voti)(ANLNV)	8.40 ▲ 0.97 (13.06%)
Ruby Textile / Jun 4 Ruby Textile Mills Limited(RUBY)	18.67 ▲ 1.7 (10.02%)
Ansari Sug. / Jun 4 Ansari Sugar Mills Limited(ANSM)	15.72 ▲ 1.43 (10.01%)
Ideal Spinning / Jun 4 Ideal Spinning Mills Limited(IDSM)	79.73 ▲ 7.25 (10%)
Pak Synthetics / Jun 4 Pakistan Synthetics Limited(PSYL)	127.36 ▲ 11.58 (10%)
Zuma Resources / Jun 4 Zuma Resources Limited(ZUMA)	72.62 ▲ 6.6 (10%)
Allawasaya Tex / Jun 4 Allawasaya Tex. & Finishing Mills Ltd(AWTX)	1,707.26 ▲ 155.21 (10%)
Nets Internat.Comm. / Jun 4 Nets International Communication Limited(GEMNETS)	27.95 ▲ 2.54 (10%)
Pak Qatar Family / Jun 4 Pak Qatar Family Takaful Limited(PAKQATAR)	25.43 ▲ 2.31 (9.99%)
Askari Life Assur. / Jun 4 Askari Life Assurance Company Limited(ALAC)	21.16 ▲ 1.92 (9.98%)

Stock	Price
Shams Textile / Jun 4 Shams Textile Mills Limited(STML)	38.36 ▼ -3.25 (-7.81%)
Security Investment Bank / Jun 4 Security Investment Bank Limited(SIBL)	7 ▼ -0.49 (-6.54%)
JS Global Cap. / Jun 4 JS Global Capital Limited(JSGCL)	150.05 ▼ -10.11 (-6.31%)
Arpak Int. / Jun 4 Arpak International Investments Ltd.(ARPAK)	108.50 ▼ -6.95 (-6.02%)
Aisha Steel(ConPS) / Jun 4 Aisha Steel(ConPS)(ASLPS)	28 ▼ -1.78 (-5.98%)
Blessed Tex. / Jun 4 Blessed Textiles Limited(BTL)	1,121 ▼ -63.3 (-5.34%)
Saritow Spinning / Jun 4 Saritow Spinning Mills Limited(SSML)	23.71 ▼ -1.27 (-5.08%)
Shadman Cotton / Jun 4 Shadman Cotton Mills Limited(SHCM)	47.42 ▼ -2.46 (-4.93%)
Kohinoor Spinning / Jun 4 Kohinoor Spinning Mills Limited(KOSM)	5.26 ▼ -0.26 (-4.71%)
Cordoba Logistics / Jun 4 Cordoba Logistics & Ventures Limited(CLVL)	12.28 ▼ -0.55 (-4.29%)

Stock	Volume
Beco Steel Ltd / Jun 4 Beco Steel Limited(BECO)	78,397,791 ▲ 0.41
P.T.C.L. / Jun 4 Pakistan Telecommunication Company Ltd(PTC)	15,206,070 ▲ 1.31
Pak Qatar Family / Jun 4 Pak Qatar Family Takaful Limited(PAKQATAR)	13,956,505 ▲ 2.31
Wasl Mobility Mod. / Jun 4 Wasl Mobility Modaraba(WASL)	13,037,893 ▲ 0.34
B.O.Punjab / Jun 4 The Bank of Punjab(BOP)	11,910,121 ▲ 0.33
TPL Properties / Jun 4 TPL Properties Limited(TPLP)	11,589,090 ▲ 0.41
Kohinoor Spinning / Jun 4 Kohinoor Spinning Mills Limited(KOSM)	10,955,905 ▼ -0.26
Dewan Cement / Jun 4 Dewan Cement Limited(DCL)	10,431,682 ▲ 0.1
Telecard Limited / Jun 4 Telecard Limited(TELE)	10,017,906 ▲ 0.36
Cnergyico PK / Jun 4 Cnergyico PK Limited(CNERGY)	9,000,686 ▲ 0.06

Westpac Banking Corp

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