Fonterra post net loss of $605m: ASX set to open higher
26 Sep 2019 – Following positive leads from US markets, the ASX looks set to open higher this morning. The S&P 500 slowed a three-day slide helped by tech and banks. As Trump’s impeachment drama continues, he suggested a trade deal with China was possible and also looked into a pact with Japan. Diary giant Fonterra (ASX:FSF) has posted a net loss after tax of $605 million for the July year, slightly better than expected.
Source: Finance News Network