Monthly Archives - March 2021
06Mar

Italy blocks vaccine shipment to Australia: Aus shares poised to open lower

05 Mar 2021 - Aussie futures are indicating that the market will start the day in negative territory. This follows a volatile trading session on Wall Street. US markets ended the day lower after US Federal Reserve Chairman Jerome Powell indicated that inflation is likely to rise as the economy recovers. While he forecast that such rises were likely to be temporary, the comments were enough to spook investors and spark a selloff in the equity markets. Childcare and...

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05Mar

EcoGrafs (ASX:EGR) WA facility on fast track: Aus shares close 0.7% higher

05 Mar 2021 - The ASX slumped in early trade and a late session recovery wasn’t enough to unwind this morning’s losses. The Aussie market closed out the day 0.7 per cent lower. At the closing bell the S&P/ASX 200 index closed 50 points lower, or 0.7 per cent lower to finish at 6,711. Over the week the S&P/ASX 200 index gained 0.6 per cent or 38 points. The Australian Government has approved major project status for graphite company...

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05Mar

Tech, Health care and Materials down over 2%: Aus market sheds 1.3% at noon

05 Mar 2021 - Despite a slight bump at the open, the ASX has trended lower during the first 2 hours of trade and is down 1.3 per cent at noon. The Tech, Health care and Materials sectors are all down over 2 per cent this morning. Lithium-boron producer Ioneer (ASX:INR) has completed its fully underwritten institutional placement raising $80 million.

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05Mar

Costa Group (ASX:CGC) acquisitions

05 Mar 2021 - Fruit and vegetable grower, Costa Group (ASX:CGC) has inked conditional agreements to buy both the farming operations of KW Orchards citrus farm, as well as the EJT citrus packing facility.

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05Mar

Italy blocks vaccine shipment to Australia: Aus shares poised to open lower

05 Mar 2021 - Aussie futures are indicating that the market will start the day in negative territory. This follows a volatile trading session on Wall Street. US markets ended the day lower after US Federal Reserve Chairman Jerome Powell indicated that inflation is likely to rise as the economy recovers. While he forecast that such rises were likely to be temporary, the comments were enough to spook investors and spark a selloff in the equity markets. Childcare and...

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04Mar

Record trade surplus of $10.14 billion in January: ASX closes 0.8% lower

04 March 2021 - It's been a mixed day on the Australian share market. The market opened lower following weak leads from the US and managed a small recovery, before closing 0.8% lower. Gains in the Financial and A-REIT sectors were overtaken by losses from the rest of the market, with the biggest losers being in the Healthcare and Materials sectors. Banks led the gains, along with QBE (ASX:QBE), which rose 2.8 per cent on the back of the...

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