Monthly Archives - April 2020

Italy to ease their coronavirus lockdown on May 4th: ASX poised to open higher

27 Apr 2020 - Following strong leads from US markets, the ASX looks set to open higher this morning. On Friday Trump injected $761b into small businesses and hospitals. US coronavirus cases rose 3.3 %, below the one-week average. Italy will ease its lockdown on May 4 after reporting the fewest deaths since mid-March. And the securities of National Australia Bank (ASX:NAB) will be placed in trading halt.

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Credit Suisse downgrades JB Hi-Fi (ASX:JBH): Aus shares 0.3% higher at noon

24 Apr 2020 - The Australian share market opened flat following mixed leads from international markets. It has built momentum over the morning and is tracking 0.3 per cent higher at noon. All of the sectors are in the black this morning, except Consumer Staples. Nickel miner, Western Areas (ASX:WSA) has reiterated its full year cost and production guidance.

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Market set to defy negative economic data: Aus shares to open higher

24 Apr 2020 - The SPI Futures are pointing to a rise at the open for the Australian share market, despite a raft of negative international economic data overnight. It is pointing to a 0.2% gain. Communications and IT services provider, Speedcast International (ASX:SDA) intends to initiate voluntary financial restructuring in accordance with chapter 11 of the United States Bankruptcy Code.

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