Press and Media Mentions
ASX Update: Telstra, miners lead fresh up-leg
Featured On: The Market Herald
Telstra and the big three iron ore miners propelled the ASX towards a third straight advance amid growing optimism about the recovery following retreats in the dollar and borrowing costs.
The S&P/ASX 200 climbed 27 points or 0.4 per cent. The Australian benchmark has risen on four days out of five this week as bond yields ebbed from their highest level in almost two years.
Is vaccine passport your most treasured travel accessory?
Featured On: Global Travel Media
Both the governments and tourists look forward to some unanimous measure to give the green light to travel possibilities. At this juncture, vaccination passports have become a potential way-out for the globe to freely enjoy exhilarating travel experiences out of the clutches of COVID-19 induced shackles.
It has been over a year, yet travel continues to remain an unfeasible affair amid the fear of COVID-19 infections. The gravity of the scenario, the magnitude of losses incurred, and the ongoing challenges of the tourism sector highlights a likely shift in the way we travel.
ASX Update: Health, tech steers market higher
Featured On: The Market Herald
The ASX shrugged off revived concerns about the global economic outlook as gains in technology and defensive stocks outweighed declines in energy and travel companies.
The S&P/ASX 200 wobbled both sides of break-even before picking a direction, rising 34 points or 0.5 per cent by mid-session as CBA and Rio Tinto gained traction.
Read Original Article...ASX Close: Bonds, job ads lift confidence
Featured On: The Market Herald
Upbeat economic data and a sharp drop in bond yields helped the ASX shrug off weak leads and heavy selling on regional markets amid concerns about a resurgence of Covid-19.
The S&P/ASX 200 bucked the global trend to advance 33 points or 0.5 per cent. Gains in Wesfarmers, CSL, Rio Tinto and CBA helped offset weakness in BHP, Westpac, Woodside and Telstra.
Read Original Article...Why does an economic upturn indicate travel recovery?
Featured On: Global Travel Media
The Australian economy is showing remarkable signs of healing that can bode well for travel and tourism players.
The mutually beneficial relationship between tourism and the economy can be a win-win situation for a country.
The higher level of discretionary income and enhanced business operations can have a domino effect on tourism recovery.
ASX Close: Oil collapse seals losing week
Featured On: The Market Herald
The share market closed at its lowest level in three weeks as energy stocks wilted with oil, and rising bond yields sharpened inflation concerns.
The S&P/ASX 200 finished 38 points or 0.56 per cent lower after earlier falling as much as 72 points.
Bargain-hunters stepped in when the sell-off reached a level that has previously attracted buyers. Still, today's close at 6708 was the weakest since February 26.