Australia-NZ bubble now open! The 4 ASX shares impacted
Tony Yoo | April 19, 2021 3:55pm |
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Keen investors will monitor the share prices for a batch of ASX-listed companies on Monday after a two-way travel bubble between Australia and New Zealand started operating.
The agreement between the two countries took effect late Sunday night AEST. This means travellers from either side no longer have to undergo mandatory COVID-19 quarantine in either country.
Qantas Airways Limited (ASX: QAN) and its budget brand Jetstar on Monday resumed all of its pre-COVID flights to New Zealand, plus a new route between the Gold Coast and Auckland.
These oversold ASX tech shares are ripe for the picking
Tony Yoo | April 8, 2021 9:01am |
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One stock expert has admitted he got it wrong last year but said that this means that right now, there are some massive buying opportunities.
Forager Funds chief investment officer Steve Johnson said that when the COVID-19 market crash happened 13 months ago, his predictions proved to be “woeful”.
“The way different sectors were impacted by COVID surprised me. A lot,” he posted on the company blog.
“Home furnishings boom? Nope. Motorbike retailer has best year ever? Nope. Funeral homes have their worst year ever? Definitely didn’t see that coming.”
ASX growth shares will be VERY slow to recover Here s why fool.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com.au Daily Mail and Mail on Sunday newspapers.
Why Webjet (ASX:WEB) got kicked out of ASX All Tech index
Tony Yoo | March 18, 2021 8:37am |
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This means that a business with a $2.1 billion market capitalisation will be missing from the most prominent index of Australian technology companies.
Webjet has been a success story in the local tech scene. The online travel agency was founded in 1998 then reverse listed on the ASX two years later.
The Webjet share price hovered around the 10 cent mark in mid-2005. But it spiked up to about $3.50 by 2013 as Australians started abandoning physical travel agents and embraced the lower prices from online merchants.