Australia Markets closed

ASX to lift ahead of shorter trading day

·2-min read
Here's what's on the agenda for today. (Sources: Getty)
Here's what's on the agenda for today. (Sources: Getty)

Good morning,

ASX: The ASX is expected to open higher on Christmas Eve, ahead of a shorter trading day. The ASX will close at 2:10pm AEDT.

The benchmark S&P/ASX200 index closed higher by 22.8 points, or 0.31 per cent, at 7,387.6 points on Thursday.

The All Ordinaries index rose 24.9 points, or 0.32 per cent, to 7,707.5 points.

Wall Street: The main US indexes rose on Thursday local time amid new data indicating the Omicron strain wasn’t as severe as other strains.

At the time of writing, the Dow Jones Industrial Average was up 0.70 per cent, at 36,002.44, the S&P 500 rose 0.74 per cent, at 4,730.94, and the Nasdaq Composite was up 0.94 per cent, at 15,668.10.

Free rapid tests: NSW has announced it will roll out free rapid antigen tests as huge volumes of people threaten to overwhelm COVID-19 testing clinics.

Nationally, Labor leader Anthony Albanese is pushing for the Federal Government to subsidise the rapid tests for people who can’t afford them.

Shibu Inu: It’s the cryptocurrency named after the cute, fluffy dog. Remarkably, it’s also made significant gains this year. So, is it worth investing in?

$3.2 million journey: Craig Dempsey has built a $3.2 million business in Bogotá. Here’s how the military veteran did it.

Massive fine: Elderly residents at a UK retirement complex have been threatened with whopping fines after they placed Christmas wreaths on doors and in communal areas.

The head of the retirement complex said the wreaths were a fire hazard.

Bill Gates prediction: Omicron could be the worst wave of the pandemic we’ve seen yet, Microsoft co-founder Bill Gates has warned.

But there’s also a silver lining. Here’s what the billionaire and pandemic expert had to say.

Opening hours: And ducking to the shops for some Christmas groceries? Here are the state-by-state opening hours for supermarkets, department stores and big bottle shops.

Have a great day and a safe and merry Christmas.

With AAP.

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