Our Blog

Consumer Price Index rose 0.3% in the March 2020 quarter: ASX 1.1% higher at noon

29 Apr 2020 – The ASX shot up in mid morning trade and is now tracking almost 1.1% higher at noon. Shares in casino operator Crown Resorts (ASX:CWN) rose today after US company The Blackstone Group Inc. purchased a 10% stake in the company. Shares in supermarket Coles (ASX:COL) are down over 4% despite growing supermarket sales 13.8% in the March quarter. The Malaysian government has extended the Movement Control Order to 12 May 2020, delaying the restart of Lynas Corporation’s (ASX:LYC) Malaysia plant.

Source: Finance News Network

Share this post