Monthly Archives - January 2020

World markets rocked by Iran-US tensions: ASX poised to open lower

06 Dec 2020 - Following weak leads from US markets, the ASX looks set to open lower this morning. Over in the US stocks fell on fears of escalation of military activity in the Middle East after the Commander of Iran's Islamic Revolutionary Guards Corps was killed in Baghdad by rockets from an American strike. Resolute Mining (ASX:RSG) is looking to extend the Company’s US dollar denominated gold hedge position.

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A positive end for the start of the year: ASX closes 0.6% higher

03 Jan 2020 - It has been a positive day of trade for the ASX, the local bourse managed to close 0.6% higher. Shares in Northern Star Resources (ASX:NST) rose today on news they bought all the shares in Kalgoorlie Lake View. Shares in Costa Group Holdings (ASX:CGC) dropped after reports of a tenant suffering fire damage on their berry farm.

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All sectors in the green: ASX tracking 1.3% higher at noon

03 Jan 2020 - The ASX shot up at the open after positivity from global share markets. It is now tracking 1.3% higher at noon. Pro Medicus (ASX:PME) rose as did Netwealth Group (ASX:NWL) and Nearmap (ASX:NEA). Declines were seen in Evolution Mining (ASX:EVN), and Ingenia Communities Group (ASX:INA). Tower (ASX:TWR) today announced that Tower Insurance has settled its purchase of Youi NZ.

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