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Stock impact report

Australia shares rise as inflation worries ease, travel stocks surge [Reuters]

Janus Henderson Group plc Ordinary Shares (JHG) 
Last janus henderson group plc ordinary shares earnings: 4/30 04:00 am Check Earnings Report
US:NYSE Investor Relations: snl.com/irw/corporateprofile/4147331
Company Research Source: Reuters
By Aditya Munjuluru 3 Min Read * Travel stocks jump on news of support package * Gold stocks hit 10-day high March 11 (Reuters) - Australian shares tracked global markets higher on Thursday, as inflation concerns eased after a report on U.S. consumer prices, while domestic travel stocks surged on expectations of a government package to support the sector. A U.S. Congressional approval to a $1.9-trillion COVID-19 relief package also aided sentiment. The S&P/ASX 200 index gained 0.2% to 6,731.1 by 2304 GMT. The benchmark closed 0.8% lower on Wednesday. Travel-related stocks surged as Prime Minister Scott Morrison is set to announce a A$1.20 billion ($927.8 million) package which includes subsidised domestic flights, financial support to its two main airlines and cheap loans to small tourism operators. Flight Centre Travel Group jumped 10.9%, Webjet rose 6% and Qantas added 3.2%. Elsewhere, the U.S. Labour Department said its consumer price index (CPI) rose 0.4% in February, in line wit Show less Read more
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