REA Group (ASX:REA) buyback lags after rally, listings keep market divided
REA Group Ltd faces a clearer challenge Tuesday after rebounding in the last session. Shares jumped on Monday but remain under the price level where the nearly completed A$200 million buyback went through. REA finished Monday at A$138.63, gaining A$5.09, or 3.81%. The S&P/ASX 200 rose 59.2 points, or 0.68%, to 8,823.4. When dateline hit, the ASX cash market was still in pre-open; ASX lists normal trading as running from 09:59:45 to 16:00 Sydney time.