Records for Domino’s, ASX, JB Hi-Fi
Consumer stocks surged to records despite a 0.8pc slip in the ASX, while results from Qantas and Wesfarmers prompted little share reaction.
Consumer stocks surged to records despite a 0.8pc slip in the ASX, while results from Qantas and Wesfarmers prompted little share reaction.
The ASX jumped 0.7pc to its best level since March, as CSL jumped 6.4pc and WiseTech added more than $2bn to its market value.
While optimistic, CSL says multiple vaccines will be needed to quash the coronavirus pandemic, as its lifted annual profit 9.6pc.
‘Emergency doses’ of a COVID-19 vaccine could be delivered by the middle of next year after CSL tightened its development timeline.
Healthcare sector giant CSL played a big role in lifting the Australian share market after booking higher full year profits and flagging a potential vaccine for coronavirus in mid-2021.
Australian biotechnology giant CSL has flagged manufacturing 100 million doses of a COVID-19 vaccine by mid next year and reported higher full-year earnings.
CSL and Cochlear did the heavy lifting as the ASX rose 0.8pc, while several household names surged to record highs at the close.
Is it time to split the shares in biotech giant CSL?
CSL confirms it is in talks with British pharmaceutical giant AstraZeneca about producing its vaccine in Melbourne.
Donald Trump has labelled as ‘tremendous’ a plasma therapy for COVID-19 to be jointly trialled by Australia’s CSL.
The $A weakened in late trade after all sectors bar real estate finished higher, led by a lift in CSL, as investors looked past a surge in virus cases in Melbourne.
Listen to the Money Cafe podcast on earnings season, CSL and the early super withdrawal that has beaten all forecasts.
Drug-maker CSL will produce millions of doses of Australia’s experimental COVID-19 vaccine as it is being tested to speed up an anticipated rollout.
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Carbon dioxide emissions must be reduced.
There has been a strong take-up of the flu vaccine as people seek to bolster their immunity amid the coronavirus pandemic.
Specialty biotechnology company CSL has weighed into the global race to find a coronavirus vaccine.
Labor’s zero emissions goal jeopardises the economy.
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Original URL: https://www.theaustralian.com.au/topics/csl/page/13