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G'day, mooers! Check out the latest news on today's stock market!
• ASX 200 closed up Friday, gaining 81.10 points or 1.15% to 7,145.60.
• Top gainers: $Chalice Mining Ltd (CHN.AU)$, $Novonix (NVX.AU)$, $Liontown Resources Ltd (LTR.AU)$
• Top losers: $Woodside Petroleum Ltd (WPL.AU)$, $Johns Lyng Group Ltd (JLG.AU)$, $Orica Ltd (ORI.AU)$
- moomoo News AU
The $S&P/ASX 200 (.XJO.AU)$ climbed 81 points or 1.15 per cent as investors temporarily set aside concer...
• ASX 200 closed up Friday, gaining 81.10 points or 1.15% to 7,145.60.
• Top gainers: $Chalice Mining Ltd (CHN.AU)$, $Novonix (NVX.AU)$, $Liontown Resources Ltd (LTR.AU)$
• Top losers: $Woodside Petroleum Ltd (WPL.AU)$, $Johns Lyng Group Ltd (JLG.AU)$, $Orica Ltd (ORI.AU)$
- moomoo News AU
The $S&P/ASX 200 (.XJO.AU)$ climbed 81 points or 1.15 per cent as investors temporarily set aside concer...
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$Jumia Technologies (JMIA.US)$ is it good to buy now
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$Sea (SE.US)$ I'm watching closely, tomorrow's price action if market is up and strong will be very telling and important. Hard to time bottoms and laggards one day can quickly outperform in this market, especially a historical leader like SE.
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Deutsche Bank raised the price target on Chinese electric vehicle maker Li Auto by 6% to $34 from previous $32, and raised a hold rating.
The bank raised the forecast of Li Auto's car sales to 135,000 units in 2022 from their previous forecast of 117,500 units, implying a 50% year-on-year growth. The updated sales forecast is based on the assumption that Li Auto will deliver an average of 10,000 Li ONE units per month and 15,000 new full-size SUVs with extended-range technology next Year.
Deutsche Bank raised the target price of Ideal Car by 6% from $32 to $34, maintaining its holding rating.
Deutsche Bank expects Ideal Auto to sell 135,000 units in 2022, higher than the previous forecast of 117,500 units.
$Li Auto (LI.US)$ $LI AUTO-W (02015.HK)$
The bank raised the forecast of Li Auto's car sales to 135,000 units in 2022 from their previous forecast of 117,500 units, implying a 50% year-on-year growth. The updated sales forecast is based on the assumption that Li Auto will deliver an average of 10,000 Li ONE units per month and 15,000 new full-size SUVs with extended-range technology next Year.
Deutsche Bank raised the target price of Ideal Car by 6% from $32 to $34, maintaining its holding rating.
Deutsche Bank expects Ideal Auto to sell 135,000 units in 2022, higher than the previous forecast of 117,500 units.
$Li Auto (LI.US)$ $LI AUTO-W (02015.HK)$
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$Asian Pay Tv Tr (S7OU.SG)$ great for regular quarterly dividends. current level at 7% per annum
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