Yearly Archives - 2020
17Jul

Cedar Woods (ASX:CWP) forecasts 50%+ drop in profit: Aus shares gain 1.9% over the week

17 Jul 2020 - The Australian share market rose in early trade, slumped mid-session as the reintroduction of some pandemic restrictions weighed on the market, then jumped in the last half an hour of trade to close 0.4 per cent higher. Over the week, the market has gained 114 points or 1.9 per cent. Cedar Woods Properties (ASX:CWP) forecasts that its 2020 financial year net profit after tax is expected to be in the range of $20 to $21...

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17Jul

Netflix (NASDAQ: NFLX) shares slump: Aus shares set to open higher

17 Jul 2020 - Aussie shares are set to edge higher at the open despite falls in international markets overnight. Fears of another coronavirus wave continue to weigh on international markets. Meanwhile US retail sales jumped 7.5 per cent in June following an 18.2 per cent rise the previous month. Netflix's (NASDAQ: NFLX) quarterly report disappointed investors, with shares sinking 10 per cent in New York as the company scrambles to create fresh content and grow its subscriber base.

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16Jul

The healthcare sector pushes market lower: ASX closed 0.7% lower

16 Jul 2020 - After an optimistic slight rise at the open the ASX closed 0.7% lower. Shares in Whitehaven Coal (ASX:WHC) and Cooper Energy (ASX:COE) did well today. Shares in the Breville group fell lower. DGO Gold (ASX:DGO) has entered into an agreement with SensOre to acquire a 40 per cent equity interest in SensOre’s subsidary Yilgarn Exploration Ventures for $4 million.

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16Jul

Unemployment rate rose to 7.4 per cent in June: ASX tracking 0.2% lower at noon

16 Jul 2020 - After a rise at the open the Australian share market fell and is now tracking almost 0.2 per cent lower at noon. Shares in Cooper Energy (ASX:COE) rose over 5 per cent this morning, shares in the Breville Group (ASX:BRG) dropped over 5 per cent. Dr George Theocharides has resigned from the iSignthis Ltd (ASX:ISX) subsidiary, iSignthis eMoney Ltd.

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