Yearly Archives - 2021

RBA board to meet for the first time this year: ASX poised to open higher

02 Feb 2021 - The ASX is set to open higher this morning after recovering yesterday from an early tumble. Tech stocks did well in New York yesterday. Apple, Facebook and Netflix were each at least 1.5% higher. Meanwhile, GameStop was 26% lower in afternoon trading. Silver lifted to an 8-year high as retail shareholders bought the metal. David Bortolussi is set to take up his new roles as MD and CEO of The a2 Milk Company (ASX:A2M) next...

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Worley (ASX:WOR) leads the market losses: ASX closes 0.8% higher

01 Feb 2021 - The local sharemarket has kicked off the week with a rally throughout today rising 0.8% or 56 points to 6,663. It was its best session in nine days. Shares in Blackmores (ASX:BKL) did well today. Australian silver stocks rose today as Reddit traders turn their attention that way. Perenti Global’s (ASX:PRN) subsidiary hard-rock underground miner Barminco, has been awarded a contract extension at Gold Fields’ Agnew Gold Mine.

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First remuneration report strike for Freedom Foods (ASX:FNP): Aus shares down 2.9% over week

29 Jan 2021 - Aussie shares ended lower today, deepening yesterday’s sell off. Energy stocks were the hardest hit, dropping over 2 per cent as the iron price weakened. At the closing bell the S&P/ASX 200 index closed 42 points or 0.6 per cent lower to finish at 6,607. Over the week, the market has lost 2.9 per cent or 193 points. Freedom Foods Group (ASX:FNP) chalked up its first strike against the remuneration report at today’s AGM.

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First remuneration report strike for Freedom Foods (ASX:FNP): Aus shares down 2.9% over week

29 Jan 2021 - Aussie shares ended lower today, deepening yesterday’s sell off. Energy stocks were the hardest hit, dropping over 2 per cent as the iron price weakened. At the closing bell the S&P/ASX 200 index closed 42 points or 0.6 per cent lower to finish at 6,607. Over the week, the market has lost 2.9 per cent or 193 points. Freedom Foods Group (ASX:FNP) chalked up its first strike against the remuneration report at today’s AGM.

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WA enters first full day of Covid lockdown: ASX to open lower

01 Feb 2021 - The ASX is set to open lower this morning as Wall Street dropped. The US markets may have entered a correction phase, as hedge funds sell to cover short sale losses. US senators Bernie Sanders and Elizabeth Warren are calling for Wall Street reform after the frenzy over GameStop shares last week. A new coronavirus lockdown has been announced for Perth after a quarantine hotel worker has tested positive. And Talga (ASX:TLG) completes $25...

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WA enters first full day of Covid lockdown: ASX to open lower

01 Feb 2021 - The ASX is set to open lower this morning as Wall Street dropped. The US markets may have entered a correction phase, as hedge funds sell to cover short sale losses. US senators Bernie Sanders and Elizabeth Warren are calling for Wall Street reform after the frenzy over GameStop shares last week. A new coronavirus lockdown has been announced for Perth after a quarantine hotel worker has tested positive. And Talga (ASX:TLG) completes $25...

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