Monthly Archives - April 2021

AMP (ASX:AMP) announces new CEO: ASX to open higher

01 Apr 2021 - The ASX looks set to open higher despite mixed leads from Wall Street. Investors rotated into technology shares while waiting on President Joe Biden’s infrastructure spending plan. The US$2-4 trillion package proposes to raise the company tax rate to 28% to fund the plan with measures to stop profits going offshore. Cyclical sectors such as energy, materials, financials and industrials all registered losses while technology shares led the gains. Oil prices fell after the OPEC...

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