Monthly Archives - February 2021

Gold miners take a tumble: ASX closed 0.9% higher

03 Feb 2021 - The local sharemarket closed 0.9% higher or 62 points up to 6,825. Gold miners, Northern Star (ASX:NST) and Newcrest (ASX:NCM) shares fell today and Amcor (ASX:AMC) shares did well today after they upgraded their earnings and lifted their dividend today. And Havilah Resources (ASX:HAV) deals its uranium resources.

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Nyrada (ASX:NYR) collaboration with Walter Reed and UNSW

03 February 2021 - Nyrada Limited (ASX:NYR) CEO James Bonnar talks about the company's collaboration agreement with the Walter Reed Army Institute of Research and UNSW into the study of a first-ever pharmaceutical treatment for traumatic brain injury, a top health priority for the military.

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High court dismisses Westpac appeal on financial advice: ASX tracking 1% higher at noon

03 Feb 2021 - The local sharemarket is up 1% or 70 points higher to 6,833. The SPI futures point to a rise of 77 points. Amcor (ASX:AMC) shares did well today after they upgraded their earnings and lifted their dividend today. Westpac (ASX:WBC) acknowledges today’s decision by the High Court of Australia which has dismissed Westpac’s appeal in relation to proceedings brought by ASIC.

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Amazon sees record quarter as CEO Jeff Bezos steps down: ASX set to open higher

03 Feb 2021 - The ASX is set to open higher this morning as all three major benchmarks were up on Wall Street. Amazon delivered its largest quarter revenue of all time as the results are in of its first $100 billion quarter after the holiday and pandemic shopping surge. Alphabet revenue grew 2 per cent in the quarter. Fonterra (ASX:FSF) lifts its 2020/21 forecast Farmgate Milk Price range.

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RBA keeps cash rate on hold at 0.1%: ASX closes 1.5% higher

02 Feb 2021 - The lASX closed 1.5% higher today, that’s almost 100 points up to 6,763. Shares in Tabcorp (ASX:TAH) rose today as the company confirmed it has received a number of unsolicited proposals in relation to a potential transaction involving Tabcorp’s Wagering and Media business. Shares inBlackmores (ASX:BKL) dropped today.

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