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ASX 200 rises, ANZ drops, Nearmap jumps on Wednesday 5 May 2021



The S&P/ASX 200 Index (ASX: XJO) went up 0.4% to 7,096 points.

Here are some of the highlights from the ASX:

Australia and New Zealand Banking Group Ltd (ASX: ANZ)

ANZ reported its HY21 result today. Compared to the second half of FY20, statutory profit after tax grew by 45% to $2.94 billion, cash profit (continuing operations) rose by 28% to $2.99 billion.

One of the key drivers was a net credit provision release of $491 million.

ANZ’s board decided to increase its dividend per share by $0.35 to $0.70. This decision was taken after a 110 point increase of the common equity tier 1 (CET1) capital ratio to 12.4%.

The CEO of ANZ, Shayne Elliott, said:

Following the trends of the first quarter, all parts of our business performed…

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