Monthly Archives - February 2020

IOOF Holdings (ASX:IFL) completes ANZ P&I acquisition: Aus shares 1.6% lower at noon

03 Feb 2020 - The Australian share market dove at the open on investor concerns over the economic impact of the coronavirus outbreak. According to Bloomberg, the country which was ground zero for the outbreak has seen oil demand drop by around 20% due to the virus. IOOF Holdings (ASX:IFL) has completed its acquisition of the Australia & New Zealand Banking Group pensions and investments business.

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China pledges support to markets over coronavirus: ASX poised to open lower

03 Feb 2020 - Following weak leads from US markets, the ASX looks set to open lower this morning. China’s work and travel restrictions to contain coronavirus are deferring the defer the payout investors had expected after the US-China trade deal. Bond yields hit old lows. Fluence Corporation (ASX:FLC) reports FY2020 guidance for Smart Products Solutions revenue of at least US $32.0 million, up 20 per cent year on year.

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