Blackmores Limited (ASX:BKL) describes itself as Australia’s leading natural health company. Maurice Blackmore founded the company in the 1930s. Blackmores has a number of different brands, not just the well-recognised Blackmores brand. It operates BioCeuticals, the Blackmores Institute, Fusion Health & Oriental Botanicals, Impromy, IsoWhey and Pure Animal Wellbeing (PAW).
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.36% at lunch.
The Blackmores Limited (ASX:BKL) share price was trading 5.70% higher today.
Blackmores Limited (ASX: BKL) shares have had a bad year so far, down 42.5% since January. Here are two reasons I think the shares are still worth watching.
The Blackmores Limited (ASX:BKL) share price briefly fell more than 10% this morning after falling sales into China has lead to a 24% fall in net profit.
The Flight Centre Travel Group Ltd (ASX:FLT) share price and Blackmores Limited (ASX:BKL) share price are both down over 40% in the past year.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.64% at lunch.
Blackmores Limited (ASX: BKL) has announced a new Chief Executive Officer, sending the share price over 2% higher this morning.
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) rose by 0.77% on Monday.
China may be about to cause a sizeable decline on the ASX today.
