Yearly Archives - 2020

Wall St advances: Aus shares to open in the green

13 Aug 2020 - US markets closed on a positive foot overnight as the S&P 500 approached a near all-time high, and the Australian share market looks set to open in the green today. On Wall Street, major tech stocks advanced, all up more than 1.5% and US bond yields rose. Seek (ASX:SEK) reported a full-year loss of $111 million and EBITDA declined 9 per cent, these results impacted by the current Covid environment.

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Fisher & Paykel Healthcare Corporation: ASX closed 0.1% lower

12 Aug 2020 - It has been a positive day of trade for the ASX after a small dip around lunchtime the local bourse managed to close 0.1% lower. Fisher & Paykel Healthcare Corporation (ASX:FPH) have been designated an “essential service” and will continue to manufacture products from its Auckland facilities despite New Zealand’s new lockdown. Lifestyle Communities’ (ASX:LIC) profit after tax was $42.8 million for the 2020 financial year, down 22.2%.

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Commonwealth Bank (ASX:CBA) profit drops 11.3%: ASX to open higher

12 Aug 2020 - The ASX looks set to open higher this morning despite shares falling at the end of trade in New York. New Zealand has been rocked by four new coronavirus cases after being Covid-19 free for 102 days. Prime Minister Jacinda Ardern has put Auckland into level three restrictions for three days as a "precautionary approach". Gold has dropped over US$100, facing its worse day in seven years. Commonwealth Bank (ASX:CBA) has reported an 11.3 per...

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