Ramsay Health Rises While ASX Slips
Ramsay Health Care shares rose 2.79% to A$37.64 on Tuesday, outperforming the S&P/ASX 200, which fell 0.24% as mining stocks slumped. Investors focused on Ramsay’s stronger first-half Australian hospital results and upcoming separation of Ramsay Santé. The ASX 200 closed at 8,604 after weak consumer and business confidence data. Ramsay’s first-half revenue grew 9.7% to A$9.3 billion.