Healthia (ASX:HLA) acquisition sweep: Aus shares to bounce at the open
30 Oct 2020 – Aussie stocks are set to bounce at the open, following a late recovery on Wall Street. US stocks sprang back in anticipation of quarterly earnings results from a number of big tech companies who are set to report after the closing bell including Apple, Amazon and Google’s parent company Alphabet Inc. Gross domestic product in the US shot up 7.4 percent quarter on quarter according to data released by the US Commerce Department. Meanwhile the European Central Bank has hinted at more monetary stimulus, as the two largest economies in the region, France and Germany, prepare for a second nation-wide lockdowns to tackle surging Covid 19 infections. Allied health company Healthia (ASX:HLA) is snapping up its competitors.
Source: Finance News Network