The Stocks in Action || Why did S&P/ASX200 open lower today before the Budget announcement?

The S&P/ASX200 opened lower today before the Budget announcement in the evening. The S&P/ASX200 index is down by 42.40 points to 7 thousand 130.40 at 10:32 am Australian Eastern Standard time after setting a new 52-week high yesterday. Jadar Resources announced that the company has entered into an agreement with European Lithium to collaborate on the Weinebene and Eastern Alps lithium projects in Austria.

Health House International proposes acquisition of German medicinal cannabis company  CanPharma GmbH, subject to shareholders and satisfaction of all the conditions of the sale. As a result of the proposed acquisition, health house will fully acquire CanPharma, a privately held firm with operations in Spain and Germany, by way of an all-scrip transaction.

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