Global stocks closed mixed ahead of the Fed Reserve virtual meeting at Jackson Hole. People's Bank of China boosted short term cash to soothe worries on a bumpy recovery.

The Australian sharemarket is set to dip after the momentum we have seen with the SPI futures pointing to a fall of 0.2 per cent.

Wall St closed higher with the S&P 500 and Nasdaq closing at record highs again. Investor confidence continued after the U.S. F.D.A. gave full approval for adult use of the Covid-19 vaccine in the U.S. A step forward in the country's effort to fight against the coronavirus. Investors also digested July figures for durable goods which came in better than expected.

European markets continues with caution. Asian markets mulls on China's short term cash injection.

Today the Australian Bureau of Statistics is set to issue the June quarter figures on business investment along with the weekly payroll jobs and wage data from the fortnight ending 31 July. Westpac group economists expect that business investment will rise by 0.8 per cent. .

Dow Jones 35,405.50 +39.24 +0.11%
US S&P500 4,496.19 +9.96 +0.22%
US Nasdaq 15,041.86 +22.06 +0.15%
UK FTSE 100 7,150.12 +24.34 +0.34%

RECENT INDIAN OCEAN SECURITIES TRANSACTIONS

Balkan Mining Minerals Limited (ASX:BMM) Mining Exploration Sector IPO at $0.20 Price Change from IPO Investment: + $0.175 / 85.50%
Smart Auto Australia Limited (NSX:SAL) Electric Commercial Vehicles Sector IPO at $0.10 Price Change from IPO Investment: + $0.10 / 100%
Azure Health Technology Limited (NSX:VTL) Health Technology IPO at $0.20 Price Change from latest Investment entry: - 0.05 / 25%
Albion Resources Limited (ASX:ALB) Diversified Metals & Mining IPO at $0.20 Price Change from latest Investment entry: - $0.015 / 7.5%
Sprintex Limited (ASX:SIX) Auto Parts & Equipment IPO at $0.086 Price Change from latest Investment entry: - $0.013 / 15.12%
Jadar Resources Limited (ASX:JDR) Diversified Metals & Mining Private Placement at $0.03 Price Change from latest Investment entry : - $0.007 / 23.33%
Krakatoa Resources Limited (ASX:KTA/KTAOC) Gold Sector Private Placement at $0.06 Price Change from latest Investment entry : - $0.008 / 13.33%
PYX Resources Limited (NSX:PYX) Diversified Metals & Mining IPO at $0.40 Price Change from latest Investment entry: + $0.76 / 190%
Cokal Limited (ASX:CKA) Steel Sector Funding at $0.04 Price Change from latest Investment entry: + $0.036 / 90%
Cyclone Metals Limited (ASX:CLE) Steel Sector Placement: at $0.0017 Price Change from latest Investment entry: + $0.0073 / 429.41%
Food Revolution Limited (ASX:FOD) Packaged Foods & Meat Placement at $0.035 Price Change from latest Investment entry : - $0.0007 / 20%
Synertec Corporation Limited (ASX:SOP) Technology Sector Placement at $0.023 Price Change from latest Investment entry: + $0.077 / 334.78%
Douugh Limited (ASX:DOU) Wireless Telecommunications Services Placement at $0.020 Price Change from latest Investment entry: + $0.074 / 370%
This information has proudly been provided by Indian Ocean Securities - www.indianoceansecurities.com. Indian Ocean Securities is a Boutique Australian Financial Services licensee firm (AFSL: 336409), providing tailored strategic advice and corporate finance solutions to a select, high net-worth/ wholesale, Institutional and corporate clients, throughout the Asian and Australian Financial markets.

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Advanced Share Registry Limited published this content on 26 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 August 2021 08:10:08 UTC.