The COB from ausbiz

With Asian markets closed for the Lunar New Year holiday and a soft lead in from Wall St, the name of the game for the local market was consolidation of recent gains - the ASX 200 closing down 1%.


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With Asian markets closed for the Lunar New Year holiday and a soft lead in from Wall St, the name of the game for the local market was consolidation of recent gains - the ASX 200 closing down 1%. On the reporting front, Newcrest Mining's first-half underlying profit of $533 million (up 134% year-on-year) was 18% above consensus but RBC Capital still hinted that investors may need to "tread carefully". Among others, AGL reported a net loss of $2.3 billion and Telstra a net profit of $1.1 billion. Our top three VODs today are:

Monetising infrastructure assets key to Telstra's growth

Prime Value shares its three (+ one) picks for reporting season

GrainCorp MD and CEO: Record year for grains facilitated by accelerating digital platforms

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