24 Mar 2020 - The Australian share market opened higher this morning jumping more than 2 per cent within the first half hour of trade and is now tracking 2.9 per cent higher at noon. Credit Corp (ASX:CCP) was up over 45 per cent leading the top 200 and gold companies were also rallying by midday.
24 Mar 2020 - Woolworths (ASX:WOW) has deferred the separation of Endeavour drinks spin-off until 2021.
24 Mar 2020 - Pathology, hospital and medical centre operator Healius (ASX:HLS) is suspending its guidance for the 2020 financial year due to an increased level of uncertainty around the impacts of the coronavirus.
24 Mar 2020 - Rio Tinto (ASX:RIO) will slow down some of its operations in Canada and South Africa to help contain the spread of coronavirus.
24 Mar 2020 - Perenti (ASX:PRN) reports that to date COVID-19 has had no impact on Perenti’s financial performance.
24 Mar 2020 - The ASX looks set to open higher despite Wall Street's slide deepening yesterday as coronavirus forced more US states into lockdown. Over in the UK Prime Minister Boris Johnson has just announced a ban in the UK on people leaving their homes except for food, medical treatment, daily exercise or travel to 'essential' work. Michael Hill International (ASX:MHJ) has closed its stores indefinitely.
23 Mar 2020 - An aggressive sell-off on the Australian market this morning forced the market to fresh 8-year lows today as investors feared the impact of extensive business shutdowns. The market showed signs of recovery over the afternoon but still closed 5.6% lower. Credit Suisse has more than halved its 2-month price target for Air New Zealand (ASX:AIZ) from NZ$2.00 to NZ$0.95.
23 Mar 2020 - The Australian market has tumbled 8.2 per cent over the morning as investors come to terms with Prime Minister Scott Morrison’s announcement that from midday today, tough new ‘stage one’ restrictions are in place. The sinking oil price is having widespread impacts on the market so much so that Freedom Oil and Gas (ASX:FDM) has entered voluntary administration.
23 Mar 2020 - Fortescue Metals Group (ASX:FMG) says the Western Australian state government has advised that there will be exemptions for the strict border controls due to come in tomorrow.
23 Mar 2020 - Flight Centre (ASX:FLT) announced today that to lower costs from the coronavirus impact - their senior leadership team will take a 50 per cent salary cut.
