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ASX 200 edges up; Sezzle rockets on profit beat, Karoon soars on reserves boost

Shares edge up slightly led by tech. Sezzle rockets 38 per cent on profit beat. Pilbara jumps on broker upgrade. Karoon rises after reserves boost. AFIC boosts dividend. 

The ASX is expected to open higher after a strong US session and ahead of crucial inflation data on Wednesday. Picture: NCA NewsWire / Damian Shaw
The ASX is expected to open higher after a strong US session and ahead of crucial inflation data on Wednesday. Picture: NCA NewsWire / Damian Shaw

Welcome to the Trading Day blog for Monday, January 23. The Australian sharemarket ended slightly higher in a quiet session for equities with most Asian markets closed for Luna New Year events.

The S&P/ASX 200 closed 0.1 per cent higher to 7457.30.

On Wall Street, the Nasdaq surged 2.7 per cent, the S&P 500 rose 1.9 per cent and the Dow Jones gained 1 per cent. 

Oil prices are higher with global benchmark Brent crude rising 1.7 per cent to $US87.63 per barrel and the US Nymex is up 1.2 per cent to $US81.31 per barrel.

The dollar is near US69.85c at the close.

Read related topics:ASXSouth32

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Original URL: https://www.theaustralian.com.au/business/trading-day/asx-to-follow-wall-st-higher-as-cpi-data-looms/live-coverage/ce9691ac9c2514f5ba1527a9741b3d4f