Yearly Archives - 2021

Tech stocks push up Wall Street: ASX poised to open higher

10 Feb 2021 - The ASX is set to open higher this morning as tech stocks advanced in New York. There is also optimism in the US regarding further stimulus and strong quarterly results from some of their major companies. The AUD rose as the greenback weakened slightly. And Infratil (ASX:IFT) announced a new CEO.

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Crown Resorts (ASX:CWN) in a trading halt after inquiry report: ASX closes 0.9% lower

09 Feb 2021 - The S&P/ASX 200 Index closed 0.9% lower or 59.5 points lower at 6821 points. Shares in the Macquarie Group (ASX:MQG) are doing well today. And a NSW casino inquiry has found that the James Packer-backed Crown Resorts (ASX:CWN) is not suitable to hold the licence to operate a new Sydney casino at Barangaroo after a public inquiry.

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Business confidence rises in January: ASX tracking 0.4% lower at noon

09 Feb 2021 - The local market dropped at the open, the S&P/ASX 200 Index is down 0.4% or 30 points lower at 6,851 points. SPI futures are pointing to a fall of 0.5%. Shares in the Macquarie Group (ASX:MQG) are doing well today after they reported improved trading conditions across the group in the December quarter. Buddy Technologies (ASX:BUD) report expected revenue to be up to $28 million.

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