The Stocks In Action || What Do Federal Budget 2021-22 Announce For Family Violence Services?

This is The Stocks in Action show. Lets have a look at ASX 200 and the ASX listed stocks that are trending today. 

• Commonwealth Bank records profits up 24 per cent to $ 2.4 billion in March quarter. The Commonwealth Bank of Australia has registered cash profit worth $ 2.4 billion for its March quarter. 

• Financial research firm Jefferies has maintained the rating for Australian real estate company Dexus as 'hold' and Price Target at $10.79 per share, thats according to the the refinitiv data.

• Shares in Thomson Resources has risen on the ASX on the back of key acquisition announcement . They have inked a binding Terms Sheet with Cubane Partners for the acquisition of Silver Spur Mining Lease ML 5932.

• Another stock that made news today  is the Pendal group - they have completed a $190 million equity raising to fund Thompson, Siegel & Walmsley  acquisition  

• The fully underwritten institutional placement was substantially oversubscribed with solid support from present and new institutional investors. 

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