Yearly Archives - 2021

Adairs (ASX:ADH) report NPAT up 233.4%

16 Feb 2021 - Homeware store Adairs (ASX:ADH) Adairs today released its results for the half year showing record sales and profitability at a time when its 43 Greater Melbourne stores were closed for almost half the period due to COVID-19 related restrictions.

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Wall Street closed for Presidents’ Day: ASX poised to open higher

16 Feb 2021 - The ASX is set to open higher this morning, as coronavirus vaccine optimism continues to push commodities higher. Oil prices soared yesterday, reaching their highest in about 13 months. Meanwhile, the WHO says there has been a dramatic fall in the number of coronavirus cases globally, with newly recorded infections the lowest in months. The news comes as Victoria enters its fourth day of lockdown. Ansell (ASX:ANN) show profit is up 61.9% year on year.

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Major miners push market up: ASX closed 0.9% higher

15 Fab 2021 - Major miners pushed the market up today with materials being the best performing sector. At the closing bell the S&P/ASX 200 index closed 62 points higher, or 0.9% higher to finish at 6,869. Asaleo Care (ASX:AHY) has confirmed it is engaged in ongoing discussions with Essity Aktiebolag about a potential proposal to acquire the outstanding ordinary shares in Asaleo.

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Utilities is only sector in the red: ASX tracking 0.9% higher at noon

15 Feb 2021 - The ASX lifted during the early trading hours and is tracking 0.9% higher or 59 points higher at noon at 6,865. Nearmap (ASX:NEA) shares have risen after reporting pleasing half year results. Utilities is the only sector in the red. CIMIC Group (ASX:CIM) has signed a share purchase agreement with SALD Investment LLC for the sale of CIMIC’s investment in the Middle East.

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