Wall Street rallies: Aus shares poised to open higher
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26 Feb 2018 - Following positive leads from US markets, the Australian share market looks set to open higher. US tech stocks rallied on Friday with Intel, Microsoft and Cisco among the top performers. Utilities and energy were the best performing sectors. Road transport equipment company MaxiTRANS (ASX:MXI) has announced its net profit rose 27 per cent to $7.7 million for the half year to December 2017. Number of companies reporting today including Ardent Leisure Group (ASX:AAD), Bluescope Steel (ASX:BSL) Next DC Limited(ASX:NXT) and QBE Insurance Group (ASX:QBE).
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SUMMARY
26 Feb 2018 - Following positive leads from US markets, the Australian share market looks set to open higher. US tech stocks rallied on Friday with Intel, Microsoft and Cisco among the top performers. Utilities and energy were the best performing sectors. Road transport equipment company MaxiTRANS (ASX:MXI) has announced its net profit rose 27 per cent to $7.7 million for the half year to December 2017. Number of companies reporting today including Ardent Leisure Group (ASX:AAD), Bluescope Steel (ASX:BSL) Next DC Limited(ASX:NXT) and QBE Insurance Group (ASX:QBE).
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