Monthly Archives - January 2021

Dow Jones drops 700 points: ASX set to open lower

28 Jan 2021 - The ASX is set to open lower this morning amid a fall on Wall Street. The Dow saw its biggest drop in three months. European stocks also posted their biggest decline in months. The US Federal Reserve kept overnight interest rates near zero. The a2 Milk Company (ASX:A2M) report a small organisational change.

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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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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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