Business
ASX to open weaker as investors farewell 2020 – Sydney Morning Herald
The Australian sharemarket looks set to start the final session of the year softer, despite US stocks moving up on the back of stimulus and vaccine optimism.
The Australian sharemarket looks set to start the final session of the year weaker, despite US stocks moving up on the back of stimulus and vaccine optimism .
The SPI futures index, down 0.25 per cent, or 16.5 points, pointed to a soft start as local investors look to close off a turbulent 2020, which has seen the benchmark S&P/ASX 200 index recover from the pandemic-induced lows in March.
Having hit highs of 7162.5 points in February, the index tumbled to a low of 4546 points in March as COVID-19…
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