Aussie shares tread water as Qantas soars, Ramsay sinks

Scott Power: ASX healthcare sector falls as strain of reporting season takes a toll

The ASX healthcare sector fell 4.4% over past five days while broader market was down 0.6%  Morgans’s Scott Power has described the latest reporting season as volatile with ‘extreme’ share price swings Ramsay among falling stocks as Sigma up on first full-year result since Chemist Warehouse merger   Healthcare and life sciences expert Scott Power, who has been a senior analyst with Morgans Financial for 27 years, gives his take on the ASX health…

Why Bank of Queensland, Core Lithium, Ramsay, and Telix shares are sinking today

In late trade on Thursday, the S&P/ASX 200 Index (ASX: XJO) is on track to record a small gain. At the time of writing, the benchmark index is up 0.1% to 8,972.1 points. Four ASX shares that have failed to follow the market higher today are listed below. Here's why they are falling: Bank of Queensland Ltd (ASX: BOQ) The Bank of Queensland share price is down 6.5% to $7.36. The catalyst for this has been the release of the regional bank's strateg…

ASX Dips as Qantas Shares Soar

The Australian share market experienced a slight dip near midday AEST, even as certain stocks saw significant gains. Qantas shares soared following the airline’s report of a 15 per cent increase in profit, marking its second-highest profit ever. Qantas is a major Australian airline known for its domestic and international services. The company’s budget carrier, Jetstar, was specifically highlighted for its contribution to the group’s overall per…

Aussie shares tread water as Qantas soars, Ramsay sinks

The Australian share market was basically flat at midday, as big gains for the likes of Qantas were balances by losses from Ramsay Healthcare.