ASX Shares Eye Decade Low After Cost Woes Fuel Profit Downgrades

ASX Ltd. shares have tumbled to their lowest level in almost a decade after rising costs prompted several brokers to trim their earnings outlooks for Australia’s beleaguered exchange operator.

By Carmeli Argana · Bloomberg Markets

ASX Ltd. shares have tumbled to their lowest level in almost a decade after rising costs prompted several brokers to trim their earnings outlooks for Australia’s beleaguered exchange operator.