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Press and Media Mentions
ASX Close: Miners shine; tech has week to forget
Featured On: The market herald
The share market secured its first weekly advance in three weeks as record iron ore prices carried the materials sector to an all-time high and broadly positive interim earning updates boosted the banks.The S&P/ASX 200 rallied 19 points or 0.27 per cent this session to its fourth gain of the week.
Read Original Article...ASX Update: Commodity surge, Covid progress
Featured On: The market herald
Soaring commodity prices and progress towards suppressing the latest Covid outbreak in NSW helped the share market reverse most of yesterday's losses.The S&P/ASX 200 rallied 24 points or 0.34 per cent by mid-session, recouping most of yesterday's 34-point loss. Today's advance, the fourth in five sessions, lifted the index back towards Wednesday's 14-month closing high.
Read Original Article...Are ASX Travel Stocks Off The Pandemic Hook?
Featured On: Global Travel Media
Sydney Airport (ASX:SYD) reported an uptick of 88% in domestic passenger traffic in March 2021 over February 2021. Virgin Australia plans to go on a hiring blitz as the domestic segment emerges from the COVID-19 blues. Apart from the Government’s direct aid to the tourism sector, the stimulus measures and record low-interest rate have favoured an increase in travel footprints as people’s financial capacity marked a significant uptick in the past couple of months. At the same time, corporate travel in the country saw a dramatic increase amidst a buoyant economic setting.
Read Original Article...ASX Close: Shares up as RBA lifts growth outlook
Featured On: The market herald
Aussie shares rose for a second day after the Reserve Bank upgraded its economic growth and employment forecasts. The S&P/ASX 200 climbed 39 points or 0.56 per cent, finishing within 15 points of last week's pandemic-era closing peak. Gold miners outperformed as the materials and energy sectors spearheaded the advance. Tech stocks declined.
Read Original Article...ASX Update: Miners, energy steer index higher
Featured On: The market herald
Shares rose for a second day as mining and energy companies rallied ahead of this afternoon's RBA rates announcement. The S&P/ASX 200 climbed 27 points or 0.38 per cent by mid-session, extending Monday's slender three-point advance. Woodside Petroleum, BHP, Rio Tinto and Newcrest provided momentum. Afterpay and the banks acted as a brake.
Read Original Article...How will travel trends unfold for international students charmed by Australia?
Featured On: Global Travel Media
Australian universities with well-equipped facilities and quality education are hard to miss by students looking for a springboard to expedite their career. For years, Australia’s appealing educational setting has been a money-spinner for the nation’s economy. Simultaneously, thousands of jobs in the travel sector have depended on the vast annual influx of international students.
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