Monthly Archives - January 2021

Share market climbed to 11-month high: ASX closes 0.8% higher

21 Jan 2021 - It's been a positive day on the ASX as it climbed to an 11-month high. Information technology was the best performing sector as buy now, pay later stocks rose early in the day. The biggest drop was Cleanaway Waste Management (ASX:CWY) after Chief Executive Officer Vik Bansal decided to step down as part of a mutual agreement with the Board. At the closing bell the S&P/ASX 200 index closed 53 points higher or 0.8 per...

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Unemployment rate fell to 6.6% in December: ASX tracking 0.7% at noon

21 Jan 2021 - The ASX shot up at the open and is now tracking 0.7% higher at 6,815 or 45 points higher. On the futures market the SPI is suggesting a rise of 32 points. Zip shares (ASX:Z1P) are soaring after releasing their quarter figures showing their global customers grew by 97%. Meanwhile shares in Super Retail (ASX:SUL) are down by 3%.

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Zip Co (ASX:Z1P) revenue up 88%

21 Jan 2021 - Zip (ASX:Z1P) released their quarter figures to December showing customer numbers across Australia, New Zealand and the United States grew 97 per cent to 5.7 million.

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Joe Biden is sworn in as 46th President of the USA: ASX set to open higher

21 Jan 2021 - Following a lift on US markets overnight, the ASX looks set to open higher this morning. Donald Trump's presidency came to an end in the early hours of this morning when Joe Biden was sworn in as the 46th President of the United States. China's December coal imports from Australia were zero due to import restrictions. Pilbara Minerals (ASX:PLS) has completed the acquisition of Meridian Energy following cash payment of $201 million.

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The sharemarket hits 6770.4 points: ASX closed 0.4% higher

20 Jan 2021 - Australia’s sharemarket closed higher today on news the US are looking to boost their economy with more stimulus. The S&P/ASX 200 index finished 28 points up or 0.4 per cent higher at 6,770. Shares in PolyNovo (ASX:PNV) went up today after they announced they are moving into Poland and Turkey. Meanwhile shares in Whitehaven Coal (ASX:WHC) have dropped.

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Consumer Sentiment fell by 4.5% in January: ASX tracking 0.5% higher at noon

20 Jan 2021 - The local bourse rose at the open and has remained steady in the first two hours of trade. The S&P/ASX 200 index is 33 points up or 0.5% higher at 6,775. Shares in PolyNovo (ASX:PNV) went up today after they announced they are moving into Poland and Turkey. Nickel Mines (ASX:NIC) has negotiated to acquire an additional 10% of Angel Nickel.

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