Monthly Archives - March 2021

Suncorp (ASX:SUN) receives over 5,400 claims across three states: ASX poised to open lower

25 Mar 2021 - The ASX is poised to open lower following soft leads from US markets. The S&P 500 closed in the red after struggling to keep its gains in early session. Technology stocks across the indexes led the losses towards session close as rotation out of tech stocks into bank shares continues. Investors responded to Federal Reserve Chairman Jerome Powell and Treasury Secretary Janet Yellen who provided the Senate Banking Committee an optimistic update on the economy's...

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Westpac (ASX:WBC) consider potential sales: ASX closes 0.5% higher

24 Mar 2021 - It has been a mostly positive day of trade for the Australian share market. At the closing bell the S&P/ASX 200 index closed 33 points higher, or 0.5 per cent higher to finish at 6,779. Westpac (ASX:WBC) has already placed a number of businesses into a Specialist Businesses Division, for ultimate exit.

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Market update with Shaw and Partners, March 2021

24 Mar 2021 - Shaw and Partners Chief Investment Officer Martin Crabb discusses historical precedence for recovering from government spending, the possible rise of interest rates, labour market data, and investment strategies in this environment.

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Increase in imports driven by road vehicles: ASX tracking 0.4% higher at noon

24 Mar 2021 - The ASX dropped in early morning trade and is now tracking 0.4 per cent higher at noon. The S&P/ASX 200 index is 29 points up at 6,774. On the futures market the SPI is suggesting a rise of 31 points. Genex Power (ASX:GNX) has today secured the final piece of the $777 million project financing package for the 250MW Kidston Pumped Storage Hydro Project.

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