Author - Craig Foley
11Mar

SEEK (ASX:SEK) appoints CFO: ASX tracking 0.6% lower at noon

11 March 2021 - The ASX has retreated after lifting higher following mixed leads from the US and is now tracking 0.6% lower at noon. Technology stocks faded in the first hour of trade on the back of the tech heavy Nasdaq closing lower. Likes of Afterpay (ASX:APT) are dragging the Technology sector shedding 7.5% with Xero (ASX:XRO) dropping 2.3%. On the other hand, travel stocks have lifted on the back of the Federal Government's tourism package that will...

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11Mar

Travel stocks soared on the Federal Government tourism stimulus: ASX closed flat

11 March 2021 - It has been a mixed day for the ASX. After lifting at the open, the market retreated then rose into positive territory after lunch and lost its early gains on the back of Australia's Health Secretary Brendan Murphy advising that the target of Australians receiving their second dose of the Covid-19 vaccine by the end of October is likely to be missed. As for the sectors, we saw improvements in the Consumer Discretionary and Industrial...

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11Mar

SEEK (ASX:SEK) appoints CFO: ASX200 tracking 0.6% lower at noon

11 March 2021 - The ASX has retreated after lifting higher following mixed leads from the US and is now tracking 0.6% lower at noon. Technology stocks faded in the first hour of trade on the back of the tech heavy Nasdaq closing lower. Likes of Afterpay (ASX:APT) are dragging the Technology sector shedding 7.5% with Xero (ASX:XRO) dropping 2.3%. On the other hand, travel stocks have lifted on the back of the Federal Government's tourism package that will...

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11Mar

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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