Connect with us

Business

5 things to watch on the ASX 200 on Friday 8 January 2021

Published

on

On Thursday the S&P/ASX 200 Index (ASX: XJO) was back on form and stormed higher thanks to strong gains in the banking and resources sectors. The benchmark index jumped 1.6% to 6,712 points.

Will the market be able to build on this on Friday? Here are five things to watch:

ASX 200 poised to rise.

The Australian share market looks set to push higher on Friday. According to the latest SPI futures, the ASX 200 is poised to open the day 11 points or 0.2% higher. This follows another very strong night of trade on Wall Street which in late trade sees the Dow Jones up 0.7%, the S&P 500 up 1.45%, and the Nasdaq up a sizeable 2.4% to a record high.

Tech shares on watch.

It could be a great day of trade for Afterpay Ltd (ASX: APT), Xero…



Click here to view the original article.

Continue Reading
Advertisement
Advertisement

Trending