ASX posts 2.5% rise

MARKETS operator ASX Limited has posted a 2.5 per cent lift in full-year net profit to $445.1 million with a strong contribution from its listings service, capital raisings and futures trading.

The statutory profit result was weighed down by a $20.2 million impairment charge on ASX’s investment in electronic interest rate market operator business Yieldbroker. Underlying profit for the year was up 7.2% to $465.3 million. ASX’s revenue to June 30 was up 8.7 per cent to $1.01 billion.