Скачать или смотреть ASX VIDEO (23 October): Fortescue makes record iron ore shipment

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WiseTech shares surge after CEO's departure, major grocer upbeat on profit outlook, and ResMed's Q1 revenue surges. This is the Graffer Daily ASX Market Update. Now let's take a look at the big stories of the day. Shares in WiseTech Global have surged this morning, following the announcement that CEO and founder Richard White will step down. The stock is up 17% at the open, with investors seemingly optimistic about the company's future, without White at the helm. Also making news, Metcash, the parent company of IGA Supermarkets, has announced its profit forecast for the first half of the current financial year. They're expecting net profit to be between $132 million and $135 million, which is a significant increase from last year. And finally, ResMed, the medical device company specialising in sleep apnea treatments, has reported an 11% increase in revenue for the first quarter of this fiscal year. Let's check how the markets are tracking. The ASX is trading higher, with tech stocks lifting the index. Stay up to date with all the breaking news as it happens by checking out Graffer.com.

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