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EcoGrafs (ASX:EGR) WA facility on fast track: Aus shares close 0.7% lower
05 Mar 2021 - The ASX slumped in early trade and a late session recovery wasn’t enough to unwind this morning’s losses. The Aussie market closed out the day 0.7 per cent lower. At the closing bell the S&P/ASX 200 index closed 50 points lower, or 0.7 per cent lower to finish at 6,711. Over the week the S&P/ASX 200 index gained 0.6 per cent or 38 points. The Australian Government has approved major project status for graphite company EcoGraf’s (ASX:EGR) Battery Anode Material Facility in Western Australia.

Tech, Health care and Materials down over 2%: Aus market sheds 1.3% at noon
05 Mar 2021 - Despite a slight bump at the open, the ASX has trended lower during the first 2 hours of trade and is down 1.3 per cent at noon. The Tech, Health care and Materials sectors are all down over 2 per cent this morning. Lithium-boron producer Ioneer (ASX:INR) has completed its fully underwritten institutional placement raising $80 million.

Italy blocks vaccine shipment to Australia: Aus shares poised to open lower
05 Mar 2021 - Aussie futures are indicating that the market will start the day in negative territory. This follows a volatile trading session on Wall Street. US markets ended the day lower after US Federal Reserve Chairman Jerome Powell indicated that inflation is likely to rise as the economy recovers. While he forecast that such rises were likely to be temporary, the comments were enough to spook investors and spark a selloff in the equity markets. Childcare and education provider Evolve Education Group (ASX:EVO) has penned a deal to purchase 10 childcare centres in Australia.

Record trade surplus of $10.14 billion in January: ASX closes 0.8% lower
04 March 2021 - It's been a mixed day on the Australian share market. The market opened lower following weak leads from the US and managed a small recovery before closing 0.8% lower. Gains in the Financial and A-REIT sectors were overtaken by losses from the rest of the market, with the biggest losers being in the Healthcare and Materials sectors. Banks led the gains, along with QBE (ASX:QBE), which rose 2.8 per cent on the back of the appointment of a new CEO. The market was dragged down by major players going ex-dividend with CSL (ASX:CSL) down over 4 per cent, BHP (ASX:BHP) down over 3 per cent and RIO (ASX:RIO) sinking 6.23 per cent as record level dividends are set to be paid out. Additionally, tech stocks were sold off heavily this morning in response to US investors' concerns over rising bond yields.

Downer (ASX:DOW) awarded $245 million contract: ASX 0.7% lower at noon
04 March 2021 - The ASX opened lower following losses from Wall Street and is now tracking 0.7% lower at noon. Materials, Healthcare and Consumer Staples dragged on the market while Financials led the gains. Buy now, pay later stocks are trading lower after tech stocks fell on Wall Street. Accounting software company Xero (ASX:XRO) is trading 2.4% lower after plans to acquire workforce management platform Planday were announced for $284.5 million. All four banks are performing well with ANZ up 2.6%.

Tech stocks hammered, Atlassian drops over 6%: ASX poised to open lower
04 Mar 2021 - The ASX looks set to open lower as tech stocks in the US dropped as bond yields rose. The US listed shares of Atlassian fell almost 7 per cent. Shares in electric vehicle company Tesla fell 4 per cent. Britain has hiked corporation tax to 25 per cent as pandemic support hits £407 billion. The British economy is to return to its pre-Covid level by the middle of 2022, with GDP growing by 4 per cent in 2021 and 7.3 per cent in 2022. On the commodities front, oil has risen ahead of the crucial OPEC meeting.

Stellar start for IPO EZZ Life Science (ASX:EZZ): ASX closed 0.8% higher
03 Mar 2021 - It has been a positive day of trade for the Australian share market. At the closing bell the S&P/ASX 200 index closed 56 points up or 0.8% higher to finish at 6,818. Regenerative medicine company Orthocell (ASX:OCC) has received notification from the Australian Government Department of Health that CelGro Dental has been included on the Australian Prostheses List.

GDP has grown by 3.1% during the fourth quarter: ASX tracking 0.7% higher at noon
03 Mar 2021 - The ASX opened higher and is now tracking 0.7 per cent higher at noon. The S&P/ASX 200 index is 44 points up at 6,807. On the futures market the SPI is 52 points higher. EZZ Life Science Holdings (ASX:EZZ) started trading today.

Gold rises from an eight month low: ASX to open higher
03 Mar 2021 - Despite weak leads from US markets, the ASX looks set to open higher this morning. US stocks fell yesterday as technology stocks took a dip. Apple and Microsoft fell about 1% each. On the commodities front, gold prices rose yesterday, from a more than eight-month low, as a retreat in the dollar and US Treasury yields lifted demand. Piedmont Lithium Inc, a newly formed US corporation will acquire Piedmont (ASX:PLL).

RBA leaves cash rate at a record low: ASX closed 0.4% lower
02 Mar 2021 - At the closing bell the S&P/ASX 200 index closed 27 points lower, or 0.4 per cent lower to finish at 6,762. Charter Hall Long WALE REIT (ASX:CLW) condition precedent has been satisfied for David Jones Elizabeth Street store acquisition.