Yearly Archives - 2020

S&P/ASX 200 Index down 10.7% across the year: ASX poised to open lower

01 Jul 2020 - The ASX looks set to start the new financial year by opening lower. For the year to date, the S&P/ASX 200 Index is still down 10.7%, that’s its worst 12 months since the global financial crisis. In the US, Fed Reserve chairman Jerome Powell reiterated overnight that the future of the economy is “highly uncertain”. The Dow Jones meanwhile just wrapped up its best quarter since 1987. AMP (ASX:AMP) has today completed the sale of...

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Market climbs on the last day of the financial year: ASX closes 1.4% higher

30 Jun 2020 - It has been a positive day of trade for the ASX for the end of financial year. The local bourse managed to close 1.4% higher. Shares in Collins Foods (ASX:CKF) are on the up after releasing their year results showing revenue is up 8.9 per cent to $981.7m. Jumbo Interactive (ASX:JIN) shares also dipped today despite extending its partnership with Tabcorp yesterday for an extra ten years.

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Gradual recovery in payroll jobs continues: ASX 0.2% higher at noon

30 Jun 2020 - The ASX shot up at the open and is now tracking almost 0.2% higher at noon. Shares in Collins Foods (ASX:CKF) are on the up after releasing their year results showing revenue is up 8.9% to $981.7 million. Shares in Wisetech Global (ASX:WTC) dropped after Founder and CEO, Richard White, sold 2.4 million shares. Infigen (ASX:IFN) Board unanimously recommends investors accept the Takeover Offer from Iberdrola.

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WiseTech Global (ASX:WTC) sells 2.4 million shares

30 Jun 2020 - WiseTech Global (ASX:WTC) has been informed that RealWise Holdings Pty Ltd, a company controlled by WiseTech Global Founder and CEO, Richard White, has sold 2.4 million shares (approximately 0.76 per cent of the total issued capital of WiseTech Global).

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