Why a2 Milk, Fortescue, Infomedia, & Talga shares are pushing higher
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Summary:
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The S&P/ASX 200 Index (ASX: XJO) is on course to start the month on a poor note. At the time of writing, the benchmark index is down 0.3% to 7,139.4 points.
Four ASX shares that are not letting that hold them back today are listed below. Here’s why they are pushing higher:
A2 Milk Company Ltd (ASX: A2M)
The A2 Milk share price is up 3% to $5.68. Investors have been buying this infant formula company’s shares after China announced that it will be changing its two-child policy. The Chinese government will now support couples who wish to have a third child in an effort to raise China’s fertility rate. This could be a boost to the infant formula industry in the lucrative market.
Fortescue Metals Group Limited (ASX: FMG)
The Fortescue share price has risen ...
Read Full News: https://www.fool.com.au/2021/06/01/why-a2-milk-fortescue-infomedia-talga-shares-are-pushing-higher/