ASX Sees Rise In Fiscal-Year Earnings

Australia’s main stock exchange operator ASX has reported a 7.4% increase in fiscal-year earnings.

Australia’s main stock exchange operator ASX has reported a 7.4% increase in fiscal-year earnings, The Wall Street Journal reports. The increase has been recorded as public listings and derivatives trading picked up.

The net profit for the year to June 30 increased to $371.7 million from $341.9 million a year earlier. The Sydney-based company will finalize a replacement for CEO Robert Elstone, who intends to resign before its annual shareholder meeting in September.

Click here the story from The Wall Street Journal.