Yearly Archives - 2020

South Australia’s tough Covid restrictions ease: ASX set to open higher

23 Nov 2020 - The ASX looks set to open higher this morning as South Australia’s harsh lockdown restrictions ease. The World Trade Organisation reported on Friday that global trade in goods had rebounded in the third quarter from Covid-19 lockdowns, but predicted a slowdown at the end of 2020. President-elect Joe Biden has promised to rejoin the Iran nuclear agreement if Iran abides by the deal. The Board of Smartpay (ASX:SMP) has made some executive changes.

Read more...

Moody’s slashes Crown’s credit rating: Aus shares gain 2.1% over week

20 Nov 2020 - The ASX200 ended the day 0.1 per cent lower due to a late session slump. The Healthcare sector led the day driven by a strong performance from Mesoblast (ASX:MSB). At the closing bell the S&P/ASX 200 index closed 8 points lower to finish at 6,539. Moody’s has slashed Crown Resorts (ASX:CWN) credit rating from Baa2 to Baa3, and warns that it will continue to review the rating and may issue a further downgrade.

Read more...