Yearly Archives - 2021
08Jan

Trump promises to facilitate an orderly transition of power: Aus shares to open higher

08 Jan 2021 - Aussie shares are set to open higher, following news that President-elect Joe Biden has been certified the winner of the 2020 Presidential election by both the House and Senate. This occurred just hours after pro-Trump protesters stormed the US Capitol building. Speaker of the US House of Representatives Nancy Pelosi has joined the call to remove Trump from office, saying he “incited an armed insurrection against America”. This political upheaval hasn’t affected the market’s optimism...

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07Jan

Information technology sector slides 3%: ASX closes 1.6% higher

07 Jan 2021 - It has been a terrific day of trade for the ASX. After opening modestly higher, the ASX200 shot up in the first 10 minutes of trade, then gained momentum at a steady pace to close 1.6% higher. The Energy and Materials sectors rallied over 4% and tech sunk over 3% today after the outcome of the Senate seats in Georgia was announced. The Democrats won both seats, securing the balance of power in the US...

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07Jan

Democrats secure Georgia Senate seats: Aus shares 1.5% higher at noon

07 Jan 2021 - The Australian share market opened modestly higher, and shot up in the first 10 minutes of trade. It held gains this morning on the back of news that Democrats had won the 2 Senate seats in Georgia and secured the balance of power in the US Senate. The news proved a tailwind for our Materials and Energy sectors, which have each climbed over 3 per cent this morning. Payment solution provider, Tyro Payments (ASX:TYR) is...

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07Jan

Democrats on track to win balance of power in Senate: Aus shares set to open higher

07 Jan 2021 - The ASX futures are pointing to a jump at the open following news that the Democrats are projected to win one seat in Georgia, and are narrowly holding the other as the votes are counted. Meanwhile, President Trump supporters have stormed the Capitol building and forced it into lockdown to prevent the count of the Electoral College votes which would affirm Joe Biden’s victory.

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06Jan

Information Technology sector slides today: ASX closed 1.1% lower

06 Dec 2021 - The Australian sharemarket slid today closing 75 points down, or 1.1 per cent lower at 6,607. Shares in Worley (ASX:WOR) rose today whereas shares in Nanosonics (ASX:NAN) fell. Sheffield Resources (ASX:SFX) and Yansteel have executed binding definitive documents to form a 50:50 Joint Venture on the Thunderbird Mineral Sands Project.

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