Yearly Archives - 2020

Building approvals soar in February: ASX tracking 3% higher at noon

01 Apr 2020 - The ASX shot up at the open and is now tracking 3% higher at noon. Shares in Oil Search (ASX:OSH) and Worley Parsons (ASX:WOR) are doing well today. Yesterday Worley announced Chevron had extended one of their contracts by two years. Jumbo (ASX:JIN) shares are on the decline despite reporting today that they expect higher customer engagement. And National Veterinary Care (ASX:NVL) now wholly-owns The Fitzroy Clinic.

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The US could see a second $US2trn stimulus package: ASX set to open higher

01 Apr 2020 - The ASX looks set to open higher as US stocks fluctuated between gains and losses yesterday as global cases of coronavirus continue to rise. In the US, Trump has called for a second $US2 trillion stimulus package. And Meridian Energy (ASX:MEZ) has confirmed that Rio Tinto has not yet provided any update on the Strategic Review of the Tiwai Point Aluminium Smelter they own.

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