Yearly Archives - 2020

Investor fears over spike in coronavirus cases in the US: ASX to open lower

25 Jun 2020 - The ASX looks set to open lower this morning following a slump on Wall Street as a new surge of coronavirus cases develop in the US. California, Florida report record cases as NY orders quarantine for some travellers. Asia stocks have also dropped as virus worries grow. The Australian dollar was down 0.8%. Infigen (ASX:IFN) yesterday received a copy of a bidder’s statement from Iberdrola Renewables Australia Pty in relation to its off-market takeover bid.

Read more...

Fourth straight session closing up: ASX closed 0.2% higher

24 Jun 2020 - It has been a rollercoaster of a day for the ASX, the local bourse managed to close 0.2% higher. Shares in Perseus Mining (ASX:PRU) did well today after they released their sustainability report from 2019. The best performing sector was Utilities while the worst performing sector was Industrials. Cromwell Property Group (ASX:CMW) has told shareholders take no action in relation to a proportional takeover offer from ARA Asset Management.

Read more...

The information technology sector sees a boost: ASX tracking 0.1% lower

24 Jun 2020 - The ASX shot up at the open but failed to gain momentum and is now tracking 0.1% lower at noon. Following on from the US, tech stocks did well this morning with the Energy sector coming in lower. Shares in Perseus Mining (ASX:PRU) did well today after they released their sustainability report from 2019. Dexus (ASX:DXS) has conditionally exchanged contracts to sell 45 Clarence Street, Sydney.

Read more...

Village Roadshow’s (ASX:VRL) businesses to reopen

24 Jun 2020 - Village Roadshow’s (ASX:VRL) Gold Coast theme parks Warner Bros. Movie World, Sea World, Wet'n'Wild and Paradise Country have had their Covid Safe plans approved by the Queensland Government and are able to reopen under those plans at up to 50 per cent capacity.

Read more...