Monthly Archives - March 2020
19Mar

RBA cuts cash rate to 0.25%: ASX closed 3.4% lower

19 Mar 2020 - The ASX extended it’s losses today closing 3.4% lower despite the RBA announcing a stimulus package. Super retail Group (ASX:SUL), shares took a real hit today dropping over 35%. The AUD continued to drop this afternoon now standing at below 56 cents against the USD. FINEOS Corporation (ASX:FCL) has signed a new software license agreement with the Executive Office of Labor and Workforce Development of the Commonwealth of Massachusetts.

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19Mar

Australia’s population grows by 1.5%: ASX 0.5% higher at noon

19 Mar 2020 - The ASX rose at the open and is now tracking 0.5% lower at noon. Travel companies are being hit hard with Flight Centre Travel Group (ASX:FLT) and Corporate Travel Management (ASX:CTD) seeing their shares fall. Credit Corp (ASX:CCP) shares saw a huge drop of almost 35 per cent. Gains were seen this morning in Rio Tinto (ASX:RIO) despite an earthquake near its Kennecott mine near Salt Lake City, in Utah in the US. Harvey Norman...

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19Mar

‘Circuit breaker’ tripped on Wall St for the 4th time this week: ASX poised to open lower

19 Mar 2020 - Following negative leads from US markets, the ASX looks set to open lower this morning. Panic selling continues in overseas markets. Stocks tumbled on Wall St on Wednesday, as the coronavirus crisis continues. The AUD continues to extend its losses against the USD falling as low as US57 cents overnight. As the COVID-19 outbreak continues, First Graphene (ASX:FGR) report that their Henderson facility continues to operate with recommended precautions.

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