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Wesfarmers Limited (WES.AX)

ASX - ASX Delayed Price. Currency in AUD
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40.72+0.43 (+1.07%)
At close: 4:10PM AEST
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Previous Close40.29
Bid41.72 x
Ask39.70 x
Day's Range40.63 - 41.06
52 Week Range39.52 - 46.06
Avg. Volume2,316,557
Market Cap46.17B
PE Ratio (TTM)77.56
Earnings DateN/A
Dividend & Yield2.16 (6.94%)
Ex-Dividend Date2017-02-21
1y Target EstN/A
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    Amazon: Aussie Retail Stocks Slide, Spooked by Whole Foods Bid

    Australian retail stocks have started the week in the red after Amazon (AMZN) unveiled a $13.7 billion bid for grocery retailer Whole Foods (WFM). Wesfarmers (WES.AU), which operates the Coles supermarket chain, is down around 1%. The proposed acquisition of Whole Foods signals Amazon's ambition to grab a greater share of consumers' wallets with a move into groceries.

  • Not yet Amazon Prime time: Australia retail sell-off overblown?
    Reuterslast month

    Not yet Amazon Prime time: Australia retail sell-off overblown?

    SYDNEY/SAN FRANCISCO (Reuters) - Since Amazon.com Inc (AMZN.O) said in late April it would bring its Marketplace for third-party sellers to Australia, shares of leading bricks-and-mortar retailers have tumbled on fears their growth prospects would be hit. More than $3 billion, or over 4 percent, has been wiped off the collective market value of six companies - Wesfarmers Ltd (WES.AX), Woolworths Ltd (WOW.AX), JB Hi-Fi Ltd (JBH.AX), Harvey Norman Holdings Ltd (HVN.AX) Super Retail Group Ltd (SUL.AX) and Myer Holdings Ltd (MYR.AX) - and Morgan Stanley analysts predict Amazon's entry will knock 2-15 percent off what their annual sales would have been by 2026.