Yearly Archives - 2020

Over 1M new Covid cases in US over week: Aus shares to open higher

20 Nov 2020 - The Australian futures market is pointing to a rise at the open of trade, following a late session rally on Wall Street. US markets managed to edge higher despite an unexpected rise in weekly jobless claims and a surge in Coronavirus cases. New Zealand telecom company, Chorus (ASX:CNU) is offering up to NZ$200 million worth of bonds.

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Market claws back on bank rally: ASX closes 0.3% higher

19 Nov 2020 - After a shaky start the ASX closed 0.3% higher today. Shares in ALS (ASX:ALQ) did well after reporting strong second quarter performance. Shares in Elders (ASX:ELD) dropped over 11%. 5G Networks (ASX:5GN) has acquired the Brisbane Data Centre in Fortitude Valley.

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Unemployment rate increased to 7% in October: ASX now tracking 0.3% lower at noon

19Nov 2020 - The ASX now tracking 0.3% lower at noon. Shares in Bluescope Steel (ASX:BSL) and Virgin Money (ASX:VUK) both did well today. United Malt Group (ASX:UMG) shares are down after reporting yesterday that their revenue was down 2% on volume decline in the 2H. And Starpharma (ASX:SPL) has completed additional testing on its nasal spray for use against a common and contagious virus,

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