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Metcash Limited (ASX: MTS) is a leading wholesale distributor of supermarket products and the owner of popular retail brands like IGA, Mitre 10 and Foodland. In liquor it owns The Bottle-O, Cellarbrations and Duncans.
The S&P/ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) went up 0.69% on Friday.
The Coles Group Ltd (ASX:COL) share price has held up well since its split with Wesfarmers Ltd (ASX:WES) last month.
Metcash Limited (ASX:MTS) (MTS.AX) shares continued their descent on Tuesday, falling around 6.5%, despite falling a similar amount on Monday.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.27% at lunch.
ASX-listed Metcash Limited (ASX:MTS) (MTS.AX) shares were trading lower today despite the broader S&P/ASX 200 (INDEXASX:XJO) (^AXJO) climbing higher.
Here are the stories from the S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO) and Australian finance circles today.
Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.02% at lunch.
Metcash Limited (ASX:MTS) shareholders will receive a larger dividend from the retail company following an improved profit result from its hardware division.
Here are the news headlines from the S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO) on Monday morning. Metcash Limited (ASX:MTS) has released its 2018 profit result and Vocus Group Ltd (ASX:VOC) has extended its debt facilities.
