Skip to content

CFDs are leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your deposits, so please consider our Risk Disclosure Notice and ensure that you fully understand the risks involved. CFDs are leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your deposits, so please consider our Risk Disclosure Notice and ensure that you fully understand the risks involved.

AU market earnings: AMP's profit rise clashes with Charter Hall's losses in challenging market

Explore how AMP's strategic adjustments, Charter Hall's property challenges, and Light & Wonder's revenue gains reflect broader market dynamics.

Video poster image

[AI generated]

This video was created on 8 August for IG audiences by ausbiz.

Financial performance and strategic shifts

In a dynamic reporting season, AMP revealed a notable 5.4% profit increase in the first half of the year, primarily due to operational efficiencies in its platforms business despite downturns in banking margins. Concurrently, Charter Hall Long Whale REIT reported significant losses owing to property devaluations, though it managed to maintain strong operational earnings. Light & Wonder, on the other hand, displayed strong performance in the gaming sector, driven by heightened activity in the US and Canadian markets.

These financial updates underscore the complexities of the current economic environment, highlighting sector-specific challenges and the need for strategic agility.


The information on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG Bank S.A. accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer.

Explore the markets with our free course

Learn how shares work – and discover the wide range of markets you can trade CDFs on – with IG Academy's free ’introducing the financial markets’ course.

Put learning into action

Try out what you’ve learned in this shares strategy article risk-free in your demo account.

Ready to trade shares?

Put the lessons in this article to use in a live account – upgrading is quick and easy.

  • Trade over 12 000 popular global stocks
  • Protect your capital with risk management tools
  • React to breaking news with out-of-hours trading on 70 key US stocks

Inspired to trade?

Put your new knowledge into practice. Log in to your account now.

Live prices on most popular markets

  • Forex
  • Shares
  • Indices

Prices above are subject to our website terms and agreements. Prices are indicative only. All shares prices are delayed by at least 15 mins.

You might be interested in…

Find out what charges your trades could incur with our transparent fee structure.

Discover why so many clients choose us, and what makes us a world-leading provider of CFDs.

Stay on top of upcoming market-moving events with our customisable economic calendar.