Aristocrat Gains, ASX Falls as Buyback Talk Circulates
Aristocrat Leisure Ltd climbed Tuesday, outperforming the weaker Australian market. Investors coming back after the long weekend continued to buy into the gaming supplier’s cash-return pitch. The ASX-listed company finished at A$51.71, rising 0.78%. Shares moved between A$50.51 and A$51.82 on the day, with around 1.96 million changing hands. The S&P/ASX 200 lost 0.24% as declines in gold, metals and mining, and materials dragged on the index.