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S&P/ASX 200 trading slightly down on low volume to close the week

ASX 200 is down 0.12% or 7.8 points lower to 6,374.3 points at 11.27am.
trading floor
FLT lowered its FY19 profit guidance to $335-$360 million from $390-$420 million

S&P/ASX 200 (INDEXASX:XJO) has been relatively quiet since opening slightly down this morning, the index was down 18 points at its low of the day so far.

Flight Centre Travel Group Ltd (ASX:FLT) has been making headlines this morning after lowering its earnings guidance.

At 11.32am, FLT shares were down 12.5% or $5.52 lower to $38.65.

Other companies suffering declines today include Fortescue Metals (ASX:FMG), down 4.67%, and Worley Parsons (ASX:WOR) down 3.6%, at 11.35am.

Pre-market: S&P/ASX 200 futures flat following ANZAC holiday

ASX 200 futures are pointing to a flat open following yesterday’s public holiday for ANZAC Day.

The US indices showed mixed results overnight with the S&P 500 Index (INDEXSP:.INX) and Dow Jones Industrial Average (INDEXDJX: .DJI) lower and the Nasdaq Composite (INDEXNASDAQ:.IXIC) higher.

Amazon.com, Inc. (NASDAQ: AMZN) released its earnings aftermarket in the US reporting record earnings for the fourth consecutive quarter.

The record earnings were expected by the market and the share price remains flat for now.

 

 

Galaxy director buys shares, Perseus receives permit for third gold mine

Early news across this ASX this morning includes lithium miner Galaxy Resources Ltd (ASX:GXY) board member John Turner purchasing 30,000 shares on-market earlier this week.

Gold miner Perseus Mining Ltd (ASX:PRU) has been granted an exploration permit to develop and operate its third gold mine, the Yaouré Gold Mine in Côte d’Ivoire.

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