Monthly Archives - February 2021

Costa (ASX:CGC) shares rise on full year results: ASX tracking 0.2% higher at noon

22 Feb 2021 - The ASX dropped at the open but is now tracking 0.2% higher at noon, or 16 points higher at 6,810. On the futures market the SPI is 4 points higher. Shares in Costa Group Holdings (ASX:CGC) rose after reporting a full year statutory net profit of $60.8 million, from a loss of $36.1 million a year ago. Shares in Reliance World Wide (ASX:RWC) fell today despite reporting net profit after tax rising 82%.

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Vaccine rollouts start today across the country: ASX poised to open lower

22 Feb 2021 - ASX is poised to open lower this morning, extending Friday’s retreat. Covid-19 vaccine rollouts begin across the country with the first shot of the Pfizer vaccine been administered on Victorian soil. Iron ore futures in Asia fell on Friday after a survey of post-Lunar New Year inventories of steel products in China showed a significant increase. BlueScope (ASX:BSL) today reported NPAT up 78 per cent.

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Shares in Cochlear (ASX:COH) lift on H1 results: ASX tracking 0.8% lower at noon

19 Feb 2021 - The ASX dropped at the open and is tracking 0.8% lower or 57 points lower at noon at 6,829. On the futures market, the SPI is suggesting a fall of 54 points. Shares in Cochlear (ASX:COH) did well today as they report strong growth in the US, Japan, Korea and China. Shares in Treasury Wine Estates (ASX:TWE) fell today despite performing well on the market yesterday. Woodside (ASX:WPL) signs LNG supply deal with Germany’s RWE.

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