Monthly Archives - February 2020

Pental (ASX:PTL) NPAT reaches $1.48M: Aus shares close 2.3% lower

24 Feb 2020 - The Australian market dropped 2.3% today fuelled by renewed fears of the coronavirus spread. All sectors ended the day in negative territory with travel and entertainment stocks taking a hard hit. The negative sentiment generated by the coronavirus has also pushed the Australian dollar to its lowest point in over a decade. Household goods manufacturer Pental (ASX:PTL) has reported a 2.6 per cent increase in net profit after tax to $1.48 million for the half...

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Worley doubles dividend: Aus shares 2.1% lower at noon

24 Feb 2020 - The Australian share market lost ground at the open following cautious leads from the US. It floated lower throughout the first half of the session and is tracking 2.1 per cent lower at noon. Every sector is down, with Consumer Discretionary, Energy and Information Technology losing over 3 per cent this morning. Worley (ASX:WOR) has doubled its interim dividend following strong results for the half year.

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Coronavirus caution continues on global markets: ASX poised to open lower

24 Feb 2020 - Following cautious leads from US markets, the ASX looks set to open lower this morning. Tech firms tumbled on Friday in the US. Tensions still surround the coronavirus and its effect on global growth. The Australian dollar continues to fall against the American dollar. The Gentrack Group (ASX:GTK) today announces that Chief Executive Officer Ian Black will be standing down.

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