Latest Market News

Wall St mixed, RBA cash rate to hold: ASX to rise

04 May 2021 - The ASX is set to rise following a mixed lead from the US. Electronic parts and service software company Infomedia (ASX:IFM) has entered into an agreement to acquire US-based e-commerce platform, SimplePart. Ord Minnett upgrades Resmed (ASX:RMD) as a hold.

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Wall St slips, Westpac dividend returns: ASX to dip

03 May 2021 - The ASX is set to dip this morning. On Friday Wall St slipped into the red with the S&P 500 retreating from its record high, led by losses in energy and technology shares. Westpac’s (ASX:WBC) interim dividend has returned. Citi rates Resolute Mining (ASX:RSG) as a buy.

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Red dominates most sectors: Aus shares trading 0.6% lower

30 Apr 2021 - The ASX200 dipped at the open and retreated from yesterday’s post-pandemic high. Red was the dominant colour across most sectors, as miners, bankers, medical developers and energy players were the biggest drags on the market at lunchtime. Utilities & industrials were the only two sectors bucking the trend.

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Wall St slips as Fed holds rates: ASX to rise

29 Apr 2021 - The ASX is set to rise despite Wall St dipping into the red. US stocks slipped as the Federal Reserve held rates and maintained their support for the economy. Australian shipbuilder Austal (ASX:ASB) is set to sell 40% of its stake in a shipbuilding company in China.

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Wall St slips as Fed holds rates: ASX to rise

29 Apr 2021 - The ASX is set to rise despite Wall St dipping into the red. US stocks slipped as the Federal Reserve held rates and maintained their support for the economy. Australian shipbuilder Austal (ASX:ASB) is set to sell 40% of its stake in a shipbuilding company in China.

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