Connect with us


ASX 200 drops, Challenger plummets, Lynas falls on Tuesday 20 April 2021




The S&P/ASX 200 Index (ASX: XJO) fell by 0.7% today to 7,018 points.

Here are some of the highlights from the ASX:

The Challenger share price was the worst performer in the ASX 200 today, falling by around 16% after releasing its quarterly update for the period to 31 March 2021.

The annuity business reported that its group assets under management (AUM) went up 8% for the quarter and went above $100 billion.

Life investment assets went up 6% for the quarter. This benefited from record quarterly annuity sales of $1.6 billion and record quarterly life book growth of 9.2% for the quarter.

Funds under management (FUM) went up 9% for the quarter, including $7 billion of net flows.

However, the company said that normalised net profit…

Click here to view the original article.

Continue Reading

You might also like ...

What happened to the AVZ Minerals (ASX:AVZ) share price today?
Article feature image
Pfizer beats back variants as AstraZeneca receives a timely boost – Sydney Morning Herald