April 7, 2021

Australia…1 hour in… ASX200 up 46

By Scott Phillips | More Articles by Scott Phillips

ASX200 up 46 points (0.7%) to 6932.

Emerge Gaming (+9%); EM1-operated MTN Arena Platform has registered 225,000 subscribers since its July 2020 launch.
EML Payments (+9%); will acquire 100% of Sentenial for €70m (A$108.6m).
Fiji Kava (+23%); said that Australia’s largest pharmacy retailer, Chemist Warehouse is to stock Fiji Kava products.
Imugen (+7.6%); confirmed the Phase I clinical trial of its checkpoint immunotherapy candidate, PD1-Vaxx, will proceed to the third and final highest dose cohort.
Perseus (+3.8%); results from PRU’s exploration programmes in Côte d’Ivoire, demonstrate potential for organic growth of gold inventories across its multi-mine asset portfolio.
Ramelius (+2%); 3Q gold output was a touch softer than expectations, but within guidance.
Westpac (-0.1%); confirms that APRA has approved its plan to address Risk Governance.

About Scott Phillips

Scott has over 35 years experience in Australian equities, starting as a “chalkie” and trader on the Stock Exchange Trading Floor and spending the last 25 years advising and trading for International Institutions. He has been an Executive Director at JPMorgan and Nomura, a Governor of the Australian Stock Exchange and was recently awarded a Lifetime Achievment award by the Australian Stockbrokers Association.

View more articles by Scott Phillips →