ASX Midday Movers: BWP, Metcash and Resolute Mining, Trade Higher

Mon 23 Jun 25, 09:17 AM | Team Kalkine

Image source: Shutterstock

Highlights:

Several ASX-listed companies are moving higher at midday following earnings results, distribution announcements, and broker upgrades.

BWP Trust (ASX: BWP) is a real estate investment trust (REIT) that owns and manages a portfolio of commercial properties, most of which are leased to Bunnings Warehouse. It is one of the largest owners of Bunnings-anchored retail assets in Australia. The BWP share price rose 2% to AUD 3.65 after it announced an estimated distribution of 9.45 cents per unit for the six months ending 30 June 2025. The payment, based on unaudited accounts, is expected to exclude any conduit foreign income and is in accordance with the Trust’s constitution.

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