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03Apr

Half-price flights take off today: ASX closed 0.1% higher over the week

01 Apr 2021 - The local share market finished the first day of the month in positive territory building on yesterday's gains. The S&P/ASX 200 index closed 38 points or 0.6% higher to finish at 6,829. Over the week we closed 0.1% or 5 points higher. Gains in technology, materials and utilities offset losses in health care, industrials and consumer staples. Boral (ASX:BLD) rose 6.7% after announcing a buy back offer following the $1.33 billion sale in their USG...

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01Apr

Half-price flights take off today: ASX closed 0.1% higher over the week

01 Apr 2021 - The local share market finished the first day of the month in positive territory building on yesterday's gains. The S&P/ASX 200 index closed 38 points or 0.6% higher to finish at 6,829. Over the week we closed 0.1% or 5 points higher. Gains in technology, materials and utilities offset losses in health care, industrials and consumer staples. Boral (ASX:BLD) rose 6.7% after announcing a buy back offer following the $1.33 billion sale in their USG...

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01Apr

Boral (ASX:BLD) announces buy-back offer after $1.33b US sale: ASX 0.4% higher at noon

01 Apri 2021 - The ASX opened higher and lifted by 0.5% in early trade, then faded towards noon. Technology and mining shares are leading the gains while Industrials, Energy, Consumer staples weighed on the market. Boral (ASX:BLD) completes the sale of its 50% stake in the USG Boral joint venture to Gebr Knauf KG for $1.33 billion dollars. Greater Brisbane lockdown is set to lift at midday with travel stocks in the red despite its improved performance yesterday.

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01Apr

AMP (ASX:AMP) announces new CEO: ASX to open higher

01 Apr 2021 - The ASX looks set to open higher despite mixed leads from Wall Street. Investors rotated into technology shares while waiting on President Joe Biden’s infrastructure spending plan. The US$2-4 trillion package proposes to raise the company tax rate to 28% to fund the plan with measures to stop profits going offshore. Cyclical sectors such as energy, materials, financials and industrials all registered losses while technology shares led the gains. Oil prices fell after the OPEC...

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31Mar

Flights cancelled to Brisbane after Covid uncertainty: ASX poised to open higher

31 Mar 2021 - Following mixed leads from US markets, the ASX looks set to open lower. US stocks fell yesterday as major tech shares came under pressure again after the 10-year Treasury yield touched its highest level since January 2020. Shares in Apple, Microsoft and Amazon all fell. At least 75 flights have been cancelled to Brisbane during the first day of lockdown after a breakout of coronavirus. Suncorp (ASX:SUN) assesses the claims from the recent rain event...

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30Mar

The telcos sector led the gains today: ASX closed 0.9% lower

30 Mar 2021 - Mid morning trade saw a drop for the Australian share market and it failed to recover. At the closing bell the S&P/ASX 200 index closed 61points lower, or 0.9 per cent lower to finish at 6,738. Santos (ASX:STO), as operator of the Barossa joint venture, today announced a final investment decision (FID) has been taken to proceed with the US$3.6 billion gas and condensate project.

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30Mar

TerraCom (ASX:TER) mine investigated by ASIC: ASX 0.1% lower at noon

30 Mar 2021 - The ASX rose at the open but started to fall soon after. It's now tracking 0.1% lower at noon. The S&P/ASX 200 index is 8 points down at 6,792. On the futures market the SPI is 5 points lower. TerraCom (ASX:TER) confirmed today that their Blair Athol Coal Mine in Queensland was attended by investigators from the Australian Securities and Investments Commission (ASIC) yesterday.

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30Mar

TerraCom (ASX:TER) mine investigated by ASIC: ASX 0.1% lower at noon

30 Mar 2021 - The ASX rose at the open but started to fall soon after. It's now tracking 0.1% lower at noon. The S&P/ASX 200 index is 8 points down at 6,792. On the futures market the SPI is 5 points lower. TerraCom (ASX:TER) confirmed today that their Blair Athol Coal Mine in Queensland was attended by investigators from the Australian Securities and Investments Commission (ASIC) yesterday.

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