Yearly Archives - 2020

Fed says coronavirus will continue to ‘weigh heavily’ on the economy: ASX set to open slightly lower this morning

20 Aug 2020 - The ASX looks set to open slightly lower this morning as the US warns of a difficult economic recovery. Despite the S&P 500 hitting a new high for the second-straight session, and the Nasdaq hitting a new record for the third day in a row, Wall Street closed lower in the end. Genesis Energy (ASX:GNE) today announced EBITDAF for the year of $356 million, down 4% on FY19.

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Wisetech Global (ASX:WTC) shares shoot up on their results: ASX tracking almost 1% higher at noon

19 Aug 2020 - Things are currently looking bright on the Australian share market. It shot up at the open and is now tracking almost 1 per cent higher at noon. The tech sector is currently doing well as is healthcare. Wisetech Global (ASX:ASX:WTC) shares saw a huge leap this morning after reporting a almost 200 per cent rise in their NPAT over the year. Shares in Resolute Mining (ASX:RSG) didn’t fare so well.

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