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Australia Market COVID-19 Vaccine Update

As it happened: ASX ignores US lead, strong jobs data to fall 0.7%

Sumary of As it happened: ASX ignores US lead, strong jobs data to fall 0.7%:

  • The heavily subscribed IPO by SK Bioscience, the local manufacturer of AstraZeneca vaccine, is the largest domestic listing since game developer Netmarble raised $US2.39 billion in 2017…
  • It comes just a week after a hot $US4.6 billion New York share sale by e-commerce giant Coupang drew attention to Korean listings globally…
  • The strong performance by SK Bioscience, the vaccine-making unit of family-controlled conglomerate SK Group, comes as several European Union countries such as Germany and France temporarily suspend the Astra vaccine roll-out on worries about side-effects…
  • The ASX was last 0.6 per cent lower, with NZ-based medical device maker Fisher and Paykel down 0.6 per cent at $28.71…
  • CIMIC Group company CPB Contractors has been selected by the Queensland Government to upgrade an 18 kilometre stretch of Bruce Highway from Woondum to Curra to four lanes….

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