Straits Times Index
3,309.29 +12.40 (+0.38%) Nikkei
38,236.07 -37.98 (-0.10%) Hang Seng
18,462.08 +254.95 (+1.40%) FTSE 100
8,172.15 +50.91 (+0.63%) Bitcoin USD
59,395.44 +1,776.68 (+3.08%) CMC Crypto 200
1,295.00 +18.02 (+1.41%)
Macquarie Group Ltd (4M4.SG)
| Previous close | 114.06 |
| Open | 113.76 |
| Bid | 111.24 x 33300 |
| Ask | 113.54 x 33300 |
| Day's range | 113.76 - 114.06 |
| 52-week range | 92.50 - 122.00 |
| Volume | |
| Avg. volume | 5 |
| Market cap | N/A |
| Beta (5Y monthly) | N/A |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | 02 May 2024 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
ReutersAustralia's Macquarie sees biggest profit dip in 15 years on commodities downturn
SYDNEY (Reuters) -Top Australian investment bank Macquarie Group reported its annual profit fell by a third, the sharpest decline in 15 years, as stabilising energy markets hammered its commodities trading unit and it made less money selling green energy assets. The result on Friday came after several years of blockbuster profits from the financial giant's commodities division, which had benefited from unusually volatile European energy markets after Russia's invasion of Ukraine and heightened demand for oil and gas in North America. Profit from the Sydney-based company's main earner fell 47% in the year ended March 31.
- Reuters
Macquarie's $1.5 bln India EV platform to focus on fleet electrification
Australia's Macquarie Group launched on Monday an EV financing platform for India that will focus 95% of its $1.5 billion investment on electrifying fleets of commercial vehicles. The platform, called Vertelo, will offer financing, fleet management and charging infrastructure solutions, its chief executive Sandeep Gambhir said at the launch. The remaining 5% of investment will go towards charging infrastructure and other requirements.
ReutersMacquarie's banking unit to stop new car loans to focus on mortgage growth
"This decision will enable us to further prioritise the growth of our home loan and deposit offerings," Ben Perham, Macquarie's head of personal banking, said in a statement. Macquarie's Banking and Financial Services Group, which contributed 15.5% to the infrastructure investor's fiscal 2023 net operating income of A$19.12 billion ($12.33 billion), said the change will not impact existing customers.
