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Australian Shares Hit New Record; Light & Wonder Q2 Adjusted Earnings, Revenue Up
['Mt Newswires', 'Wed August At Am Gmt', 'Min Read']
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MT Newswires -ShutterstockAustralian shares rallied to a new record on Wednesday, following rallies on Wall Street as tech companies post strong earnings and oil prices fall.
The S&P/ASX 200 Index gained 0.9%, or 82 points, to close at 9,227.80, reaching an all-time high.
In company news, Light & Wonder (ASX:LNW) logged $1.99 in adjusted EPS for the second quarter, compared with $1.58 a year ago.
For the three months ended June 30, revenue was $828 million versus $809 million previously.
Endeavour Group (ASX:EDV) reported preliminary fiscal 2026 underlying profit after tax of AU$363 million, down from AU$426 million in the previous fiscal year.