Yearly Archives - 2021
18Feb

Australia launches inquiry into banks: ASX poised to open lower

18 Feb 2021 - Australian shares are poised to open lower this morning despite rising optimism about global vaccinations and economic growth. UK PM Boris Johnson has outlined a staged exit from coronavirus restrictions that would see a return to work for Brits over the next five months. Back home, an Australian parliamentary committee has launched an inquiry into the impact of changes in the investment policies of banks, superannuation funds and other financial institutions. Sonic Healthcare (ASX:SHL) report...

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17Feb

Coles (ASX:COL) shares fall as revenue increases: ASX closed 0.5% lower

17 Feb 2021 - At the closing bell the S&P/ASX 200 index closed 32 points down, or 0.5% lower to finish at 6,885. Shares in Evolution Mining (ASX:EVN) are down today despite their Board approval to progress the development of a surface decline at the Red Lake gold mine in Ontario, Canada lifting annual production rates there to over a million tonnes. EML Payments did well today after they announced record revenues of $95.3 million and EBITDA OF $28.1...

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17Feb

China overtakes US as Europe’s main trading partner: ASX set to open lower

17 Feb 2021 - The ASX is set to open lower this morning. The S&P 500 closed slightly lower as investors in the US grow concerned about surging bond yields. Bitcoin soared above $50k to an all-time high. The latest figures released by Eurostat show that China has overtaken the US as Europe’s main trading partner for the first time. Back home, authorities say Victoria is on track to lift the five-day lockdown at midnight. Fletcher Building (ASX:FBU) reported...

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