April 8, 2021

Australia…1 hour in… ASX200 up 63

By Scott Phillips | More Articles by Scott Phillips

ASX200 up 63 points (0.9%) to 6991

Domino’s Pizza (+0.5%); Pizza dough prices may climb as wheat has jumped to its highest price in a month. Something to think about ahead of a big Masters/footy weekend……..
Rio Tinto (+1.4%); paid $8.4bn in taxes globally in 2020, up 11% yoy.
Scentre (+0.9%); AGM today. Early headlines look positive but more to come…………
Western Areas (+3.5%); said 3Q output of nickel-in-concentrate was up 21% on the Q pcp.
Worley (-1.2%); has been awarded a front-end engineering services contract by Phillips 66.

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.

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