Yearly Archives - 2020
03Jul

Lovisa (ASX:LOV) to exit Spanish Market: Aus shares to open higher on US job data

03 Jul 2020 - Australian shares are set to rise at the open following gains on Wall Street overnight. Better than expected US job data bolstered equities. The US economy added 4.8 million jobs in June, pushing the unemployment rate to 11.1 per cent, down from 13.3 per cent in May. Gold has advanced and the Australian dollar is edging higher. The board of Lovisa Holdings (ASX:LOV) has decided to exit the Spanish market.

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02Jul

Netflix helps push the NASDAQ higher: ASX set to open higher

02 Jul 2020 - Following a mixed session from US markets overnight, the ASX looks set to open higher this morning. Asian stocks saw modest gains after positive vaccine developments for coronavirus and better-than-expected manufacturing data. Hong Kong police made their first arrests since China’s national security law came into force giving Beijing greater control over the country. Gold is down and oil rose slightly. Kathmandu Holdings (ASX:KMD) provided a trading update this morning showing total Group sales for...

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01Jul

A positive day of trade for the first day of the new year: ASX closes 0.6% higher

10 Jul 2020 - It has been a positive day of trade for the ASX in the first session of the new year, lifted by banks and gold miners to close 0.6% higher. As for the sectors today Real Estate Investment Trust led the day and utilities closed the day at the bottom of the pile. Rio Tinto (ASX:RIO) has added a new role to its executive committee as it considers the next phase of its transformation.

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01Jul

Approvals for apartments plunge in May: ASX tracking 0.8% higher at noon

01 Jul 2020 - The ASX is now tracking 0.8% higher at noon. Shares in Jumbo Interactive (ASX:JIN) are rising after their extension with TabCorp earlier this week. Meanwhile shares in WiseTech Global continue to fall as the founder sells off $46 million worth of shares. Online furniture retailer Temple & Webster (ASX:TPW) is set to raise $40 million.

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