Yearly Archives - 2020

Almost all 200 stocks made gains this morning: ASX tracking 3.2% higher at noon

16 Jun 2020 - The ASX shot up at the open and is now tracking almost 3.2% higher at noon. Almost all the top 200 stocks have made gains today. Viva Energy saw their shares rise today after releasing their underlying net profit for the six months to June to be between $20 million and $50 million compared with $50.9 million a year ago. Village Roadshow (ASX:VRL) has extended by two weeks the exclusivity period for its discussions with...

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Apple earns US$500 billion from apps: ASX poised to open higher

16 Jun 2020 - Following a rise from US markets overnight, the ASX looks set to open higher this morning. US stocks jumped yesterday, recovering from earlier losses, as the Federal Reserve announced further measures to support the market during the pandemic. Apple reported yesterday that its App Store facilitated over half a trillion dollars in billings and sales. The EU and the UK government have decided to intensify Brexit talks over growing concerns that both sides might fail...

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Quantum computing hopeful Archer (ASX:AXE) reaches tech milestone: Aus shares off to a rocky start

15 Jun 2020 - Despite positive international leads coming into the session, the Australian share market opened lower and is off to a rocky start. ABS data released today shows the extreme impact of the covid shutdown on international travel. Iron ore and gold are both trading higher. Archer Materials (ASX:AXE) has reached a significant technological milestone in progressing its quantum computing chip.

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