Sigma Pharmaceuticals Ltd (ASX:SIG) is a pharmacy distribution business and the name behind Amcal, Chemist King, Discount Drug Stores, Guardian and PharmaSave. In 2018, Sigma announced it would lose its contract to supply Chemist Warehouse. However, it remains a multi-million dollar company with chemists dotted throughout the country.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.19% at lunch.
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open lower today, the USA’s S&P 500 Index (.INX) went down 0.29% on Wednesday.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.35% at lunch.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.91% at lunch.
Sigma Healthcare Ltd (ASX:SIG) (SIG.AX) shares are likely to trade sharply higher when its ASX shares return to active trading following the announcement of a proposed merger.
Here are the stories from the S&P/ASX 200 (INDEXASX:XJO)(^AXJO) and Australian finance circles today.
Australian Pharmaceutical Industries Ltd (ASX:API) shares will be a focal point for the market today following its decision to propose a merger with Sigma Healthcare Ltd (ASX:SIG).
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.97% at lunch.
Sigma Healthcare Ltd (ASX:SIG) publicly released its 2018 half-year financial report this morning showing a 2% fall in revenue to $1.96 billion and a profit of $13.8 million, down 51%.
