Author - Sequoia Direct
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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16Feb

Adairs (ASX:ADH) report NPAT up 233.4%

16 Feb 2021 - Homeware store Adairs (ASX:ADH) Adairs today released its results for the half year showing record sales and profitability at a time when its 43 Greater Melbourne stores were closed for almost half the period due to COVID-19 related restrictions.

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