Yearly Archives - 2021

Wall Street pulls back from recent highs: ASX poised for a flat start

12 Jan 2021 - The ASX looks set to open flat this morning as Wall Street pulled back from their recent highs as vaccine hopes and a large stimulus package lost luster. The World Health Organisation has warned the new, more contagious mutated variants of the coronavirus are “highly problematic”. Over the weekend, the WHO was alerted of a new variant in Japan. Faith-based donation platform Pushpay Holdings (ASX:PPH) has appointed a new CEO.

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Mesoblast (ASX:MSB) trial results boost shares : ASX closed 0.9% lower

11 Jan 2021 - The Australian sharemarket slid today closing 61 points down, or 0.9 per cent lower at 6,697. Shares in Resmed (ASX:RMD) did well today. Shares in Westgold Resources (ASX:WGX) dropped along with Perseus Mining (ASX:PRU). Mesoblast (ASX:MSB) reports that their rexlemestrocel-L drug has shown to be effective in a Phase 3 trial.

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Gold prices take a tumble: ASX to open higher

11 Jan 2021 - The ASX looks set to open higher this morning as the US is preparing for more stimulus measures to help combat economic hardship brought on due to the coronavirus pandemic. Gold prices tumbled on Friday as the US dollar rebounded sharply and US yields surged. Iraq raised pricing for all crude sales to Asia for February, after a similar move by Saudi Arabia, OPEC’s biggest producer. New Zealand retirement developer the Summerset Group (ASX:SNZ) reports...

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