ASX 200 News Weekly Wrap — Reviewing VUL, SYD, Bitcoin, and Gold
We review the week that was, from bitcoin reaching all-time highs, to gold breaking out amid inflation fears. Let’s start with reviewing the local ASX news.
ASX:SYD
Sydney Airport Shares Up on $23.6 Billion Takeover Bid (ASX:CBA)
The Sydney Airport [ASX:SYD] is set to be acquired by Sydney Aviation Alliance for $23.6 billion. The Sydney Airport Share Price is currently trading at $8.45 per share, up 2.7%...
Sydney Airport Shares Soar on $23.6 Billion Takeover Bid (ASX:SYD)
The market reacted accordingly, bidding up Sydney Airport [ASX:SYD] shares by 4.7% to $8.37 a share, bringing the stock’s 12-month return to 50%.
Qantas Share Price Rises Despite Mounting Losses in FY21 (ASX:QAN)
The Qantas Airways [ASX:QAN] share price is rising today despite an FY21 underlying loss before tax of $1.83 billion as the market senses a recovery.
Sydney Airport Shares: HY21 Results Reveal COVID Impact (ASX:SYD)
Showcasing the forward-looking nature of the market, Sydney Airport (ASX:SYD) shares are up 45% over the last 12 months, despite the impact of the pandemic...
Sydney Airport Share Price Lower on Traffic Data, Why It’s No Surprise
Shares in Sydney Airport Holdings Pty Ltd [ASX:SYD] are trading slightly lower today, upon the release of airport traffic data. In a year that has virtually been devoid of tourism and travel, the SYD share price has held up remarkably well...
Flight Centre and Sydney Airport Share Price Up on Vaccine News
Travel stocks ready to shoot up? That’s what we’ll look at today. Promising vaccine news was released overnight, and perhaps a glimmer of hope emerged for these beaten-down companies...
Sydney Airport Share Price Down after Retail Offer (ASX:SYD)
The Sydney Airport [ASX:SYD] share price is down 2.35% today, trading at $5.60 at the time of writing. Australia’s busiest airport announced the completion of its fully underwritten 1: 5.15 retail entitlement offer...
Sydney Airport Shares in Trading Halt as It Raises Capital (ASX:SYD)
With no global travel, airports across the world are empty and this is reflected in Sydney Airport’s share price. Sitting at $5.39 at the time of writing, the company is in a trading halt while they look to improve their balance sheet.
Sydney Airport Share Price Down on Passenger Numbers (ASX:SYD)
Australia’s once bustling major international hub for airlines is currently a ghost town. How will this impact the Sydney Airport [ASX:SYD] share price? Less travellers, means less money. With the global lockdown in full swing, companies such as Sydney Airport are struggling...