Author - Craig Foley

Global market sell-off deepens: ASX set to plummet

10 Mar 2020 - It looks like the ASX will extend losses this morning as the global economy remains uncertain about the spread of the coronavirus. The market is set to open lower. The Dow sank more than 2,000 points yesterday – that was its worst day since 2008. Oil has plunged adding to the double whammy hitting the markets. Ramelius Resources (ASX:RMS) started ore haulage from its 100% owned Marda Gold Mine to its Edna May Processing Facility.

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Market’s worst session since GFC: Aus shares close 7.3% lower

09 Mar 2020 - The Australian share market haemorrhaged value today in what was its worse session since the global financial crisis. At the closing bell, the S&P/ASX 200 index closed 456 points or 7.3 per cent lower to finish at 5,761. Over the day, the market wiped out more than $137 billion dollars in value.

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