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Federal Budget: What it means for the CSL (ASX:CSL) share price – Motley Fool Australia
The Federal Budget has earmarked lots of cash for COVID-19 treatments. Here’s why that’s good news for the CSL Limited (ASX: CSL) share price.
The CSL Limited (ASX: CSL) share price has done well in 2020 and the Federal Budget could have more good news in store.
While the S&P/ASX 200 Index (ASX: XJO) has slumped 10.9% this year, the CSL share price has climbed 4.4% higher.
I think the Federal Budget contained good news for vaccines and those organisations involved with the push towards coronavirus treatments. This to me says the CSL share price could be on the move in the coming months.
What the Federal Budget means for the CSL …
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