Yearly Archives - 2021

KGL Resources (ASX:KGL) raises $21.57M: Aus shares shed 0.9% over week

19 Mar 2021 - Australian shares fell at the open following negative leads from the US overnight. They continued to sink in early trade. The market managed to shrug off weaker than expected preliminary retail trade data and staged a valiant attempt at a recovery in the second half of the session. But this wasn’t enough to move the S&P/ASX200 into positive territory. At the closing bell the S&P/ASX 200 index closed 0.6 per cent or 38 points lower...

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KGL Resources (ASX:KGL) raises $21.57M: Aus shares shed 0.9% over week

19 Mar 2021 - Australian shares fell at the open following negative leads from the US overnight. They continued to sink in early trade. The market managed to shrug off weaker than expected preliminary retail trade data and staged a valiant attempt at a recovery in the second half of the session. But this wasn’t enough to move the S&P/ASX200 into positive territory. At the closing bell the S&P/ASX 200 index closed 0.6 per cent or 38 points lower...

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Retail turnover falls 1.1% MoM in Feb: Aus shares 0.2% lower at noon

19 Mar 2021 - The Australian share market opened lower and has continued on this trajectory into the mid-session. Energy stocks are dragging on the market despite signs of recovery in the iron ore price. This follows a rocky session on Wall Street overnight which saw the tech heavy Nasdaq lose 3.02 per cent. Morgan Stanley says shares in Westpac (ASX:WBC) are overweight, setting a target price of $25.30.

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US stocks tumble amid inflation concerns: Aus shares to open lower

19 Mar 2021 - Australian futures are indicating a drop at the open. Stocks on Wall Street slumped overnight as Treasury yields reached some of the highest levels in more than a year. US President Joe Biden announced that the US had reached its goal of administering 100 million Covid-19 vaccine shots in the first 100 days of his presidency, reaching the goal with 6 weeks to spare. Meanwhile, European Union countries including France, Italy and Germany have restarted...

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