Yearly Archives - 2020

News of COVID-19 vaccine candidates lifted the market: ASX closed 1.8% higher

19 May 2020 - It has been a positive day of trade for the ASX it managed to maintain momentum with the local bourse closing 1.8% higher. Shares in Unibal-Rodamco-Westfield (ASX:URW) rose today after France and Germany proposed a 500 billion euro recovery fund for the pandemic. The company has shopping centres in Europe. Cloud call recording service Dubber Corporation (ASX:DUB) has entered into a binding agreement to acquire CallN.

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James Hardie (ASX:JHX) shares are up after reporting better-than-expected profit: ASX tracking 2.03% higher at noon

19 May 2020 - The ASX shot up at the open after a boost from promising news regarding a vaccine for Covid-19. It is now tracking almost 2.03% higher at noon. Building products manufacturer James Hardie (ASX:JHX) shares have seen a leap today after reporting a 6% increase in full-year profit today. Shares in Oil Search (ASX:OSH) are also up. Byron Energy (ASX:BYE) has completed a $16 million capital raising.

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Hopes raised for a coronavirus vaccine: ASX set to surge at the open

19 May 2020 - Following a surge from US markets overnight, the ASX looks set to open higher this morning. Late trade in New York saw the Dow up over 900 points. The boost to the markets came as hopes for a vaccine for Covid-19 looks promising. Back home there are reports China will impose a massive 80% tariff on Australian barley imports. Michael Hill International jewellers (ASX:MHJ) today announced CEO Daniel Bracken will take a few weeks away...

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