Business
ASX climbs 1.1 per cent as CSL, miners shine – The Australian Financial Review
Australian shares rose solidly on Tuesday as investors bought up banks and miners along with healthcare giant CSL and further shunned technology stocks.
COVID-19 infections are rising again in some parts of Europe but now appear to be falling in Australia. Shares in healthcare company CSL performed strongly, rising 2.1 per cent to $288.18 as investors weighed Monday’s vaccine production news.
Macquarie analysts took a look at some of the companies that may be best poised to benefit from a COVID-19 vaccine.
Companies whose EBITDA fell 25 per cent or more as a result of the shutdowns or social distancing measures have the most potential to rebou…
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