Altice sonde MasMovil, entre autres, pour vendre ses activités au Portugal-sources investir.lesechos.fr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investir.lesechos.fr Daily Mail and Mail on Sunday newspapers.
ASX extends monthly run of gains despite Monday fall
Share
Australian shares extended a monthly run of gains to eight months in May, the longest stretch in 14 years, despite a mild dip on Monday as the Melbourne COVID-19 outbreak spread and shares in tech group Nuix tumbled.
The S&P/ASX 200 fell 18 points to 7162.6 for a 0.2 per cent fall on the last trading session of the month but ended May with a 1.9 per cent gain. The All Ordinaries benchmark fell by the same margin, ending the month with a 1.6 per cent advance.
The monthly gain reflects the robust outlook for the Australian economy as output picks up, helped along by the big-spending federal budget announced earlier in the month and low interest rates.
PEXA's top shareholder Link Administration Holdings Ltd said on Monday it would take the online real estate company public, after KKR & Co's takeover bid for the unit fell through.
The parent company of PEXA has confirmed that the property settlements platform is expected to list on the ASX in late June, after turning down suitors in favour of a $3.3 billion IPO.
Online property conveyancer PEXA is lining up as the biggest ASX float since 2019 after its largest shareholder, Link Administration, closed the door on a trade sale.