Clorox Co. shares fell after the company lowered its outlook for full-year earnings amid stubbornly rising costs while reporting profit in its latest quarter that exceeded market expectations. The maker of Pine-Sol and Glad trash bags now sees earnings per share of $4.05 and $4.30, excluding some items, for its…
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ThinkLearning:
3 Sectors to Watch in 2021 webinar on Wednesday 13 January, it is perhaps an opportune time to take a closer look at each of the major sectors within the Australian Market.
The Global Industry Classification Standard or GICS is the typical method for classifying stocks into groups which best define their business. There are 11 main GICS sectors for the Australian market and many sub-sectors to these. Each main sector has a corresponding index which aggregates the performance of the stocks within the sector, much like the S&P ASX 200 does for the 200 largest capitalisation stocks listed on the ASX. Also, like the S&P ASX 200 (XJO), each as a corresponding ticker code so investors can check the price of the index on the ASX website or with their preferred data provider.