Monthly Archives - March 2021

Dow rallies over 460 points: ASX poised to open higher

11 Mar 2021 - The ASX is set open higher following mixed leads from US markets. The Dow Jones Industrial Average rallied 463 points to hit a record high on the back of the House passing President Joe Biden's $1.9 trillion dollar stimulus plan. The 10-year US Treasury yield slipped from its session highs as data showed core consumer prices index excluding volatile items such as food and energy lifted 0.4% in February calming inflation worries. The Nasdaq closed...

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Iron ore sees a dip: ASX closed 0.8% higher

10 Mar 2021 - The Australian share market took a dip in mid morning trade and failed to gain momentum. At the closing bell the S&P/ASX 200 index closed 57 points lower, or 0.8 per cent lower to finish at 6,714. Cann Group (ASX:CAN) has completed the acquisition of the Satipharm business from Harvest One Cannabis Inc.

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Afterpay (ASX:APT) shares see a rebound: ASX flat at noon

10 Mar 2021 - The Australian share market is trading flat at noon at 6,772. On the futures market the SPI is 9 points lower. PlaySide Studios (ASX:PLY) signed a mobile platform games license agreement with MGM to develop and publish a first-of-its-kind video game based on the studio’s feature film, Legally Blonde.

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