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Press and Media Mentions
Feb
24
2021
ASX Close: Asian slump compounds sell-off
Featured On: The market herald
The ASX joined a regional sell-off as US futures deteriorated, the dollar hit a three-year high and tech stocks declined for a third session. The S&P/ASX 200 slumped to its lowest level in almost three weeks, losing 61 points or 0.9 per cent.
Read Original Article...Feb
24
2021
How tourism-dependent countries are charting out travel recovery path
Featured On: Global Travel Media
Rollout of vaccination programs across countries has been a significant boost to travel recovery. The travel and tourism scenario remained bleak in 2020 due to border restrictions and health risks.With recovery en-route, a few countries are re-opening borders for travellers to accelerate travel reboot.
Read Original Article...Feb
24
2021
ASX Update: Shares fall, dollar hits 3-year high
Featured On: The market herald
The share market erased yesterday's gains as the dollar hit a three-year peak and the tech sector a six-week low following a volatile night on Wall Street. The S&P/ASX 200 slumped 63 points or 0.9 per cent by mid-session. Slender gains in Woolworths, NAB and Brambles were outweighed by declines in tech stocks, miners and the rest of the banks.
Read Original Article...Feb
22
2021
Will ASX travel stocks follow Webjet’s rocky path or ride smooth this reporting season?
Featured On: Global Travel Media
Travel companies are embracing encouraging transitions to boost the overall tourism industry. A mixed bag seems obvious currently- while Webjet posted over 90% decline in the revenue amid the fierce COVID-19 headwinds, vaccination programs are a bright spot for international border relaxations.
Read Original Article...Feb
19
2021
ASX Update: Weekly gain shrivels under US heat
Featured On: The market herald
The share market unwound its gains for the week as negative leads from Wall Street outweighed positive trading updates from Cochlear, Goodman Group and QBE. Declines in oil companies, banks and miners pulled the S&P/ASX 200 down 73 points or 1.05 per cent. Technology was the only sector to resist the downdraft, thanks to a rebound in BNPL firms.The setback slashed the index's tally for the week to six points or 0.1 per cent.
Read Original Article...Feb
19
2021
ASX Close: Flight from risk erases weekly gain
Featured On: The market herald
A "risk-off" session saw the ASX erase its gains for the week as dives in oil and US futures pushed traders to the sidelines. A week that began with back-to-back advances and a mid-week 11-month high ended in messy retreat. The S&P/ASX 200 slumped 92 points or 1.34 per cent.The loss drove the index 13 points or 0.2 per cent lower for the week. This afternoon's close was the weakest since February 4.
Read Original Article...