Monthly Archives - April 2021

Consumer sentiment hits 11-year high: ASX tracking 0.6% higher

14 Apr 2021 - The Australian sharemarket opened higher this morning and re-entered the 7000s territory, driven by a strong rally in the tech sector and buy-now-pay-later stocks. Stateside gains on the tech-heavy Nasdaq added fuel to the fire of the S&P/ASX Infotech. Today’s performances in mining are in stark contrast to yesterday’s, as Gold miners are making amends for yesterday’s losses.

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ASX seesaws in late hours: Aus shares close 3 points up

13 Apr 2021 - The ASX200 had been trading mostly higher throughout the session before losing momentum and slipping into bearish territory around the 2.30pm mark. Benchmark indices across Asia are tracking mostly higher, on the back of China’s encouraging economic data for March. China’s exports rose 30.6 per cent, however failing to meet expectations. The positive sentiment from China also transcended to the Australian sharemarket, as the ASX200 steered back into positive waters.

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