Sonic Healthcare Gains as ASX Drifts; FY27 Cost Overhang for Traders
Sonic Healthcare Limited moved higher Tuesday while the broader Australian market slipped. Investors shrugged off new concerns about FY27 costs and stuck with the diagnostics group after it kept its earnings outlook steady. Sonic finished the session 41 cents higher at A$19.75, up 2.1%. Shares traded in a range from A$19.30 to A$19.75, with volume near 2.7 million, according to its investor-centre quote. The last price was recorded at 4:00 p.m. on June 9, which lines up with the close of regular ASX cash trading at 16:00 Sydney time.