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01Feb

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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14May

Jobless rate rises to 6.2% in April: The ASX closed 1.7% lower

14 May 2020 - The ASX fell at the open and failed to gain momentum closing 1.7% lower. Graincorp (ASX:GNC) rallied after releasing their half year results. Shares in Breville (ASX:BRG) also did well after completing its $94 million institutional placement Aerial mapping specialist Aerometrex (ASX:AMX) is buying Spookfish Australia.

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15Aug

Chip stocks rebound to lift the Nasdaq and S&P500

15 Aug 2023 - The S&P 500 and the Nasdaq Composite rose Monday lifted by a rebound in chip stocks and tech names.

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15Mar

Tilt Renewables (ASX:TLT) agrees to a takeover: ASX set to open sightly lower

15 Mar 2021 - Following mixed leads from US markets, the ASX looks set to open slightly lower today. Weekly US Covid-19 death toll has fallen to a four-month low and new infections declined further. On the commodities front, oil settled near $70/bbl on Friday, supported by production cuts by major oil producers and optimism about a demand recovery in the second half of the year. And New Zealand's Tilt Renewables (ASX:TLT) agrees to a takeover.

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20May

Retail turnover dropped 18% in April: ASX tracking 0.2% lower at noon

20 May 2020 - The ASX is now tracking almost 0.2% lower at noon. EML payments (ASX:EML) rose today after reporting that they remain on course to deliver a solid full year result despite the pandemic. Revenue for the nine months ending March 31 was up 20%. Credit Suisse rates Abacus Property Group (ASX:ABP) as an Upgrade to an Outperform from a Neutral.

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29Apr

Consumer Price Index rose 0.3% in the March 2020 quarter: ASX 1.1% higher at noon

29 Apr 2020 - The ASX shot up in mid morning trade and is now tracking almost 1.1% higher at noon. Shares in casino operator Crown Resorts (ASX:CWN) rose today after US company The Blackstone Group Inc. purchased a 10% stake in the company. Shares in supermarket Coles (ASX:COL) are down over 4% despite growing supermarket sales 13.8% in the March quarter. The Malaysian government has extended the Movement Control Order to 12 May 2020, delaying the restart of...

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04Oct

Alan Dixon resigns from Evans Dixon (ASX:ED1): ASX set to unwind some losses

04 Oct 2019 - The ASX is set to open 0.5% higher and unwind some of yesterday’s losses. The expected rally follows speculation that the US Federal Bank may effect a third rate cut for the year at its October policy meeting. Alan Dixon has resigned from wealth management company, Evans Dixon (ASX:ED1) overnight.

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25Sep

Afterpay shares higher after AUSTRAC update: ASX tracking 0.6% lower

25 Sep 2019 - The ASX dropped at the open and continues to shuffle along, tracking 0.6% lower at noon. Afterpay Touch Group (ASX:APT) shares have shot up today after they updated the market in relation to their Anti-Money Laundering and Counter-Terrorism Financing matters by providing an interim report to AUSTRAC. Strike Energy (ASX:STX) reports Neville Power has been appointed as a Non-Executive Director and Deputy Chairman of the company.

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04Mar

Tech stocks hammered, Atassian drops over 6%: ASX poised to open higher

04 Mar 2021 - The ASX looks set to open lower as tech stocks in the US dropped as bond yields rose. The US listed shares of Atlassian fell almost 7 per cent. Shares in electric vehicle company Tesla fell 4 per cent. Britain has hiked corporation tax to 25 per cent as pandemic support hits £407 billion. The British economy is to return to its pre-Covid level by the middle of 2022, with GDP growing by 4 per...

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26Mar

Aurizon (ASX:AZJ) completes sale of Acacia Ridge Terminal: Aus shares gain 1.7% over week

26 Mar 2021 - A strong end to the week for the Australian share market. The ASX 200 index ended the day 0.5 per cent or 34 points higher to finish at 6,824. Over the week, the market has gained 116 points or 1.7 per cent. All of the sectors rose over the week, except Tech stocks. Healthcare was the star performer, up over 5 per cent. Meanwhile, the Aussie dollar has sunk to a 3-month low. Rail freight...

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