Cell Therapy News/Articles, page-6277

Many investors use Sharesight’s portfolio tracker to track the assets in their SMSF, as it allows them to track the performance of investments in global markets and a range of asset classes. As can be seen in the chart above, the month of August saw wide-ranging investments by SMSFs, with Mesoblast (ASX: MSB) and Commonwealth Bank (ASX: CBA) leading in both buy and sell trades, while investors also favoured Resmed (ASX: RMD), Afterpay (ASX: APT) and CSL (ASX: CSL). Here’s the news behind some of August’s most interesting stocks:

1. Mesoblast (ASX: MSB) is a growing Australian biotech company that has seen surging share prices and a 90% increase in its revenue over the past year. The next few months will be critical for Mesoblast; the company is seeking FDA approval for its stem cell treatment, and is planning to launch a drug to treat Covid-19 complications by the end of 2020.