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Megacaps fire ASX to new record high

ASX, Comm Bank, and Mineral Resources close at records, Austal sold off  The ASX 200 (ASX: XJO) continues to hit new records, moving 0.9% higher on Tuesday, with pent-up Queen’s Birthday demand behind the surge. Every sector in the market moved higher but it was healthcare behind CSL Limited (ASX: CSL), up 1.7%, and IT behind Afterpay Ltd (ASX: APT) up…

The Inside Adviser | 15th Jun 2021 | More
ASX sets new record high, backs off

ASX down on energy, PEXA set to IPO, Nuix downgrades again  The ASX200 (ASX: XJO) started the day strongly, hitting a new record before ultimately closing 0.3% lower as energy, down 1.6%, and the IT sector, -0.9% continued to drag. The weakness comes ahead of a huge week for the Australian economy, with the Reserve Bank of Australia meeting…

The Inside Adviser | 1st Jun 2021 | More
Heavyweights outperform to lift ASX

ASX hits four day high, gold shining again, growth bubble stalling  The ASX200 hit a four-day high, finishing 0.6% to the positive on Tuesday; showing the short-term focus of the market at the moment. The energy and materials sectors were the biggest contributors, jumping by 1.6% each. For energy, it was the case of oil prices hitting…

The Inside Adviser | 18th May 2021 | More