18 Aug 2020 - The Australian share market opened higher this morning and is now trading 0.1 per cent up at noon. Operations at Evolution Mining’s (ASX:EVN) Red Lake gold mine in Canada has resumed following the evacuation of the region due to a forest fire.
18 Aug 2020 - The ASX looks set to open higher this morning as US stocks rose mostly on technology as big banks sold off. The Democratic National Convention starts to run this week in the US ahead of the presidential election set for November – this is expected to raise caution on Wall Street. The AUD was up 0.49% to 72.06 US cents. Fisher & Paykel Healthcare (ASX:FPH) report that for the first four months of the financial...
17 Aug 2020 - The Australian sharemarket finished the day largely in the red despite gains for retail stocks such as JB Hi-Fi and Harvey Norman. JB Hi-Fi ended the session up over 5 per cent after announcing a 21 per cent jump in profit and an almost 80 per cent increase to its final dividend.
17 Aug 2020 - The ASX has opened firmly lower with broad based losses across the majority of sectors, but materials and healthcare have managed to edge into the green. Financials and communications services are leading the declines. NAB is down by 2.5 per cent while CBA is down over 1 per cent. JB Hi-Fi jumped in early trade to reach a new record of $51.33 following stellar results and is now trading around $49.78 cents.
17 Aug 2020 - Beach Energy’s (ASX:BPT) net profit has declined from $577 million last financial year to $501 million this year.
17 Aug 2020 - Bendigo and Adelaide Bank (ASX:BEN) reported a 49 per cent drop in financial year 2020 statutory profit to $192.8 million. Earnings per share fell 50.6 per cent to 38.1 cents.
17 Aug 2020 - Bathroom fixtures and fitting supplier GWA (ASX:GWA) Group says its profit for the 2020 financial year fell 12 per cent to $44.9 million.
17 Aug 2020 - Lend Lease (ASX:LLC) has posted a statutory loss of $310 million, from a profit of $467 million a year ago.
17 Aug 2020 - Elixinol Global (ASX:EXL) CEO & Executive Director, Oliver Horn talks about measures to reposition the business, initiatives in E-commerce and distribution, its decision to retain Hemp Foods Australia and outlook for Hemp and CBD based nutraceuticals.
17 Aug 2020 - Australian shares are set to drop at the open, taking direction from losses in Europe and lacklustre trading in the US. Wall Street was mixed retail sales in July fell short of forecasts, production met expectations. Shares in chip maker Applied Materials rose 3.9 per cent after it forecast fourth-quarter revenue above analyst estimates. Investors are also concerned over stalled coronavirus stimulus negotiations and simmering US-China tensions.
