ASX200 up 49 points (0.7%) to 6838.
Don’t forget the Reserve Bank interest rate decision at 2.30pm. No change is expected by just about all economists………….
- Aristocrat (+0.8%); US Federal District Court has approved US$31m litigation settlement.
- Mesoblast (+0.4%); raises US$110m via the issue of 60m shares in a private placement at $2.30 per share to a US Strategic investor.
- Noxopharm (+0.8%); has received a $4,592,251 Govt rebate.
- Oil Search (-1.4%); ex div 0.63c. Trading down 7c.
- Platinum (-3.3%); ex div 12c. Trading down 16c.
- St Barbara (-1.2%); ex div 4c. Trading down 2.5c.
…….and online grocery sales in the US are expected to exceed $100bn for the first time in 2021. The grocery category had lagged behind many others before C-19. In 2020, online grocery sales surged 54% to $95.82bn, equal to 12% of all e-commerce sales. It is expected that online grocery shopping will reach $112.9bn this year, en route to $187.7bn in 2024 as online shopping more and more becomes the norm. Source; EMarketer
