Yearly Archives - 2020

Trading to resume tomorrow at 10am: ASX closed 1.2% higher

16 Nov 2020 - It has been an odd day of trade for the ASX with a disruption to trading caused by an outage of the ASX trade system. Despite this the market closed 1.2 per cent higher. It’s set to be fixed in time for trading tomorrow. Two companies that were due to list on the market today were unable to because of the outage. Gold explorer Native Mineral Resources and fashion retailer Universal Store are set to...

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Asia forms world’s largest trade bloc: ASX looks set to open higher

16 Nov 2020 - The ASX looks set to open higher this morning as effective vaccine news could be the turning point for value stocks. Seventeen coronavirus cases have now been linked to a cluster in Adelaide's northern suburbs, South Australia's Chief Public Health Officer says. Fifteen Asia-Pacific economies formed the world’s largest free trade bloc yesterday, in a China-backed deal that excludes the United States. The Regional Comprehensive Economic Partnership (RCEP) was signed at a regional summit in...

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Bega (ASX:BGA) wins food fight: Aus shares close 0.2% lower

13 Nov 2020 - Over the week, the market has gained 215 points or 3.4 per cent. Energy gained over 14 per cent this week, boosted by the news of the Covid-19 vaccine. Today the High Court dismissed Kraft Heinz’s application for special leave to appeal the Federal Courts decision. Bega says that today’s proceedings confirm Bega Cheese’s right to use the current packaging of its smooth and crunchy peanut butter products.

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