Author - Sequoia Direct

Nufarm (ASX:NUF) reports $456 million loss

23 Sep 2020 - Nufarm (ASX:NUF) today reported a statutory net loss after tax for financial year 2020 of $456 million and underlying earnings before interest, tax, depreciation and amortisation from continuing operations of $236 million.

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AUD falls for a second session: ASX poised for a rebound

23 Sep 2020 - The ASX looks set to rebound morning as the S&P 500, the Dow and the Nasdaq all closed higher as optimism lifted over potential for US unemployment to fall. The UK is set to bring in new measures tomorrow in the fight against Covid-19. Hospitality businesses must close by 10 pm, the use of facemasks is to be extended and the number of people allowed to attend weddings has been reduced to 15. The Aussie...

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Rising Covid cases in Europe rattles markets: ASX closed 0.7% lower

22 Sep 2020 - The ASX dropped at the open and failed to gain momentum closing 0.7 per cent lower. Xero (ASX:XRO) did well today. Shares in Webjet (ASX:WEB) didn’t do so well today. As for the sectors today Information technology led the day and Materials fell lower. New Hope Corporation (ASX:NHC) saw increased coal production of 11.3 million tonnes and sales of 11.5 million tonnes in 2020.

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Rising Covid cases in Europe rattles markets: ASX closed 0.7% lower

22 Sep 2020 - The ASX dropped at the open and failed to gain momentum closing 0.7 per cent lower. Xero (ASX:XRO) did well today. Shares in Webjet (ASX:WEB) didn’t do so well today. As for the sectors today Information technology led the day and Materials fell lower. New Hope Corporation (ASX:NHC) saw increased coal production of 11.3 million tonnes and sales of 11.5 million tonnes in 2020.

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RBA suggest pushing rates towards 0%: ASX tracking 0.9% lower at noon

22 Sep 2020 - The ASX dropped at the open and is now tracking 0.9% lower at noon. Shares in Collins Foods (ASX:CKF) did well today leading the pack as Virgin Money (ASX:VUK) shares dropped throughout the morning. As for the sectors, Infotech is up and Materials is pulling the market lower. Redcape Hotel Group Management Ltd (ASX:RDC) reported the positive trading has continued and the first quarter of FY21.

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