The Last Trade || Why Do Asian Markets Continue Bearish Trade On Thursday?

This Is The Last Show Of The Day - The Last Trade. Lets Get Started With Today’s Market Close Commentary.

• The S&P/ASX200 is trading Down By 50.8 Points Or 0.72 Per Cent At 6 Thousand 994, Crossing Below Its 20-Day Moving Average.

• Perenti Global is The Worst Performing Stock On ASX, Falling 27 Per Cent At 71 Cents. The Stock Witnessed Sharp Selling After The Company Revealed That It Future Strategy Faces Some Challenging Headwinds, Including The Prolonged And Increased Impact Of COVID-19, The Tightening Australian labour market and Strengthening Australian Dollar. 

• Australasian Gold Made Weak Debut On ASX On Thursday, Falling As Much As 20 Per Cent To 16 Cents Against Offer Price Of 20 Cents.

• Aventus Group On Wednesday Said It Will Sell Macgregor Home In Queensland For $42.15 Million To Stirling Property.

•  CSR Has Reported A Full-Year Net Profit After Tax Of $146.1 Million, An Increase Of 17 Per Cent. The Robust Result Reflects Improved Performance In Building Products And Increased Property Contribution, The Company Said.

• The Tassal Group Has Acquired 800-Hectare Mid Farm Adjacent To Its Northern Queensland Based Proserpine Prawn Farm And Billy Creek Property.

• On Wednesday, Crude Oil Prices Closed Higher Amid Hopes That Recovery In The Economy Will Boost Demand. The WTI Crude Surged By 1.2 Per Cent To US$66.08 A Barrel, The Highest Close Since 11 March.


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