Yearly Archives - 2020
01Oct

Markets recover after chaotic Presidential debate: ASX poised for a rebound

01 Oct 2020 - The ASX looks set to rebound morning as Wall Street rose on hopes of a new stimulus. Gold edged down yesterday as a chaotic first US presidential debate drove investors to the safety of the dollar. China's official manufacturing Purchasing Manager's Index came in higher in September compared to August and US private payrolls increased. And business travel management company Serko (ASX:SKO) is conducting an equity raising of up to NZ$55 million.

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30Sep

US debate dubbed a ‘train wreck’: ASX closed 2.3% lower

30 Sep 2020 - The ASX failed to gain momentum today closing 2.3 % lower. Wall Street futures plummeted quickly at the conclusion of the US presidential debate earlier today. Marred with personal attacks and interruptions, the debate between President Donald Trump and Joe Biden was chaotic. amaysim Australia (ASX:AYS) today completed the sale of its Energy business that includes Click Energy, amaysim Energy and On The Move to AGL Energy (ASX:AGL).

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30Sep

Markets dip on Biden and Trump debate: ASX is now tracking 1% lower at noon

30 Sep 2020 - The ASX fell at the open and is now tracking 1% lower at noon. President Trump and Joe Biden are currently locked in debate in Ohio, as US markets pulled back. Shares in Corporate Travel Management (ASX:CTD) rose today after they completed their Institutional Entitlement Offer, raising $262 million. Santos (ASX:STO) welcomes the New South Wales Independent Planning Commission’s (IPC) decision to green light the Narrabri Gas Project with conditions.

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30Sep

Market moving US debate due in a few hours: ASX poised to open lower

30 Sep 2020 - The ASX looks set to fall this morning as the S&P 500, the Dow and the Nasdaq all closed lower ahead of the Donald Trump and Joe Biden debate. Democrat Biden is currently leading President Trump in the polls. The debate could move the polls, and also the market. New Zealand King Salmon (ASX:NZK) recorded a profit after tax of $18 million, up 59% on FY19.

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