Log in
Show password
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 
  1. Homepage
  2. Equities
  3. Australia
  4. Australian Stock Exchange
  5. Challenger Limited
  6. News
  7. Summary
    CGF   AU000000CGF5


SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

Australian shares rise on healthcare, tech boost; Challenger shines

07/06/2021 | 09:36pm EDT

July 7 (Reuters) - Australian shares rose on Wednesday, lifted by the healthcare and technology sectors, while Challenger Ltd jumped after two U.S. companies bought a stake in the investment manager.

The S&P/ASX 200 index climbed 0.26% to 7,280.7 by 0020 GMT and was on track for a third session of gain in four.

Challenger soared more than 13% to become the top gainer on the benchmark index, after retirement services provider Athene Holding Ltd and private equity firm Apollo Global Management acquired a 15% stake in the company.

Healthcare stocks jumped 1.9% after two straight sessions of falls and were set for their best session in nearly three weeks.

Biotech company CSL Ltd and medical device maker Resmed Inc advanced 2% and 2.1%, respectively.

Tech stocks advanced 1.6%, tracking their peers on Wall Street, and were set for their best day in about two weeks.

Buy-now-pay-later firm Afterpay advanced 1.4%, while artificial intelligence company Appen rose 2%.

Gold stocks gained more than 1% as bullion prices firmed on retreating U.S. bond yields.

Top independent gold miner Newcrest Mining advanced more than 1%.

Meanwhile, local media reported a two-week COVID-19 lockdown in the country's largest city of Sydney would be extended by another week to July 16.

Elsewhere, Japan's Nikkei was down 1.35%, while S&P 500 E-minis futures fell 0.14%.

New Zealand's benchmark S&P/NZX 50 index fell 0.6%, weighed down by losses in healthcare and consumer stocks. (Reporting by Soumyajit Saha in Bengaluru; Editing by Subhranshu Sahu)

ę Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
AFTERPAY LIMITED 0.43% 132.11 End-of-day quote.11.96%
APPEN LIMITED -1.83% 9.68 End-of-day quote.-60.79%
ATHENE HOLDING LTD. 1.88% 69.79 Delayed Quote.61.78%
CHALLENGER LIMITED -0.64% 6.23 End-of-day quote.-3.26%
CSL LIMITED -0.31% 312.01 End-of-day quote.10.18%
NEWCREST MINING LIMITED -2.49% 23.09 End-of-day quote.-10.43%
NIKKEI 225 2.06% 30248.81 Real-time Quote.10.22%
S&P/ASX 200 0.70% 7394.7 Real-time Quote.11.47%
09/15Challenger Limited Announces Fully Franked CGF - ORDINARY FULLY PAID Dividend for the S..
09/13CHALLENGER : Sells 30% Stake in Whitehelm Capital for Nearly $38 Million
09/09Miners push Australian shares higher as aluminium prices surge
08/30CHALLENGER LIMITED : Ex-dividend day for final dividend
08/26Challenger Limited announces dividend on CGFPC - CAP NOTE 3-BBSW+4.60% PERP NON-CUM RED..
08/26Challenger Limited Declares Dividend on CGFPA - CNV PREF 3-BBSW+3.40% PERP SUB NON-CUM ..
08/24Challenger Limited Announces Distribution on CGFPB - CAP NOTE 3-BBSW+4.40% PERP NON-CU..
08/10CHALLENGER : CEO to Step Down in March 2022
08/10CHALLENGER : Swings to FY21 Profit on Higher Revenue; Raises Total Dividend
08/10CHALLENGER : announces FY21 results
More news
Analyst Recommendations on CHALLENGER LIMITED
More recommendations
Sales 2022 766 M 558 M 558 M
Net income 2022 332 M 241 M 241 M
Net Debt 2022 548 M 398 M 398 M
P/E ratio 2022 15,0x
Yield 2022 3,54%
Capitalization 4 204 M 3 046 M 3 058 M
EV / Sales 2022 6,20x
EV / Sales 2023 5,70x
Nbr of Employees 738
Free-Float 76,6%
Duration : Period :
Challenger Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends CHALLENGER LIMITED
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 13
Last Close Price 6,23 AUD
Average target price 6,34 AUD
Spread / Average Target 1,75%
EPS Revisions
Managers and Directors
Richard Howes Chief Executive Officer, MD & Executive Director
Rachel Grimes Chief Financial Officer
Peter Leith Polson Chairman
Chris Plater Chief Executive-Operations & Technology
JoAnne M. Stephenson Independent Non-Executive Director