Monthly Archives - March 2021

JobKeeper comes to an end: ASX poised to open higher

29 Mar 2021 - Following a boost from US markets, the ASX looks set to open higher this morning. On Friday, Europe closed near all-time highs and Wall Street rallied. Back home, the $90 billion JobKeeper wage subsidy scheme has now ended, with a million workers still relying on it. AMP (ASX:AMP) has agreed internalisation of Precinct (NZ).

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Aurizon (ASX:AZJ) completes sale of Acacia Ridge Terminal: Aus shares gain 1.7% over week

26 Mar 2021 - A strong end to the week for the Australian share market. The ASX 200 index ended the day 0.5 per cent or 34 points higher to finish at 6,824. Over the week, the market has gained 116 points or 1.7 per cent. All of the sectors rose over the week, except Tech stocks. Healthcare was the star performer, up over 5 per cent. Meanwhile, the Aussie dollar has sunk to a 3-month low. Rail freight...

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Aurizon (ASX:AZJ) completes sale of Acacia Ridge Terminal: Aus shares gain 1.7% over week

26 Mar 2021 - A strong end to the week for the Australian share market. The ASX 200 index ended the day 0.5 per cent or 34 points higher to finish at 6,824. Over the week, the market has gained 116 points or 1.7 per cent. All of the sectors rose over the week, except Tech stocks. Healthcare was the star performer, up over 5 per cent. Meanwhile, the Aussie dollar has sunk to a 3-month low. Rail freight...

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TPG founder and chairman resigns: Aus shares 0.5% higher at noon

26 Mar 2021 - The Australian share market rose at the open following positive leads from Wall Street and is tracking 0.5 per cent higher coming into the middle of the session. Sky New Zealand (ASX:SKT) has commenced a process to sell 2 of the 3 buildings at its Mount Wellington site. Shares in TPG Telecom (ASX:TPG) slid this morning after the surprising announcement that its founder David Teoh has resigned as a director and chairman of the board.

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