Lunch Report: ASX Edges Higher At Lunch

The Aussie market is holding onto slim gains at lunch with improvements for healthcare, materials and IT offsetting declines among the banks, staples and energy. Westpac (WBC) is the largest individual weight after it decided to scrap its interim dividend at a Q3 update while Cochlear (COH is jumping on its FY20 profit release.

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Evening Report: ASX Shrugs Off Covid-19 Concerns To Snap 2-Day Losing Streak

Investors focussed on the positive today with the ASX 200 lifting 45 points or 0.74% to 6051 and snapping its two day losing streak. This is despite the growing concerns surrounding record covid-19 cases in Victoria and growing clusters in NSW. Travel stocks & shopping centre operators fell as a result but those losses were offset by gains for miners, tech and healthcare names.

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