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27Jan

AMA Group (ASX:AMA) plunges on CEO controversy: Aus shares close 0.7% lower

27 Jan 2021 - After opening slightly higher, the market retreated in early trade and slid during the day to end 0.7 per cent lower at the close. Energy was hit the hardest, down 3.4 per cent. The Australian Bureau of Statistics says the Consumer Price Index rose 0.9 per cent during the December quarter. Macquarie rates the Commonwealth Bank of Australia (ASX:CBA) as an Underperform, with a price target of $78.00. The board of automotive aftercare provider...

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27Jan

Tasmania tops economic rankings: Aus shares 0.7% lower at noon

27 Jan 2021 - The Australian share market edged higher at the open but quickly changed direction and has been tracking lower in the first 2 hours of trade. Materials is down over 3 per cent, while Energy is down 2.7 per cent. Tasmania managed to hold the top spot on Commsec's economic performance rankings. Aussie e-commerce giant Booktopia Group (ASX:BKG) boasts a stellar performance for the half year to 31 December 2020.

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27Jan

Global Covid cases poised to top 100 milllion: ASX to open lower

27 Jan 2021 - The ASX is set to take a tumble this morning amid a fall on Wall Street. The IMF has become more upbeat about the global economy, the World Economic Outlook now expects the global economy to grow 5.5% this year. Globally Covid cases are poised to top 100 million within days. Synlait (ASX:SM1) has increased milk prices.

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22Jan

Lynas (ASX:LYC) soars on US government deal: Aus shares up 1.3% over week

22 Jan 2021 - The Aussie share market lost ground early in the session and continued to lose momentum throughout the day to end 0.3 per cent lower. Preliminary retails trade figures for December were released today. They indicate that Christmas trade was not as strong as the market had hoped. Meanwhile, Lynas Rare Earths (ASX:LYC) was a standout performer, shooting up over 13 per cent today after securing a deal with the US government.

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22Jan

Coca-Cola (ASX:CCL) volumes recover in Q4: Aus shares 0.1% lower at noon

22 Jan 2021 - The Australian share market has drifted lower in early trade following mixed leads from international markets and is tracking 0.1% lower at noon. The Healthcare sector is leading this morning, while the Energy sector trails. Coca-Cola Amatil (ASX:CCL) has released a trading update for the fourth quarter of 2020. Group volume was down 5.4% compared to the prior quarter.

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