03 Jul 2020 - The Australian share market opened higher this morning following positive leads from offshore markets. It fell mid-session and tracked sideways for most of the afternoon to close 0.4 per cent higher. Over the week, the market has gained 154 points or 2.5 per cent. According to the latest Australian Bureau of Statistics retail trade figures, Australian retail turnover jumped 16.9 per cent in May (seasonally adjusted).
Cann (ASX:CAN) secures government funding for medicinal cannabis facility: Aus shares 0.6% higher at noonCraig Foley
03 Jul 2020 - The Australian share market opened higher and is tracking 0.6% higher at noon, buoyed by a strong performance from the Healthcare sector which is up around 1.9 per cent, and some positive retail turnover figures. Medical cannabis supplier, Cann Group (ASX:CAN) has been awarded a grant for up to $1.975 million under the Regional Jobs Fund established by the Victorian Government.
03 Jul 2020 - Australian shares are set to rise at the open following gains on Wall Street overnight. Better than expected US job data bolstered equities. The US economy added 4.8 million jobs in June, pushing the unemployment rate to 11.1 per cent, down from 13.3 per cent in May. Gold has advanced and the Australian dollar is edging higher. The board of Lovisa Holdings (ASX:LOV) has decided to exit the Spanish market.
02 Jul 2020 - The Australian share market rose at the open and continued to rally, closing 1.7 per cent up at the end of trade. In breaking news, Woolworths (ASX:WOW) has placed 50 employees from a Sydney supermarket into quarantine after a worker tested positive for Covid-19.
02 Jun 2020 - The Australian share market opened higher again this morning and is now trading 0.9 per cent higher at noon. Ioneer (ASX:INR) has entered into a 12 month employment agreement with their Chairman James Calaway.
02 Jul 2020 - Following a mixed session from US markets overnight, the ASX looks set to open higher this morning. Asian stocks saw modest gains after positive vaccine developments for coronavirus and better-than-expected manufacturing data. Hong Kong police made their first arrests since China’s national security law came into force giving Beijing greater control over the country. Gold is down and oil rose slightly. Kathmandu Holdings (ASX:KMD) provided a trading update this morning showing total Group sales for...
10 Jul 2020 - It has been a positive day of trade for the ASX in the first session of the new year, lifted by banks and gold miners to close 0.6% higher. As for the sectors today Real Estate Investment Trust led the day and utilities closed the day at the bottom of the pile. Rio Tinto (ASX:RIO) has added a new role to its executive committee as it considers the next phase of its transformation.
01 Jul 2020 - The ASX is now tracking 0.8% higher at noon. Shares in Jumbo Interactive (ASX:JIN) are rising after their extension with TabCorp earlier this week. Meanwhile shares in WiseTech Global continue to fall as the founder sells off $46 million worth of shares. Online furniture retailer Temple & Webster (ASX:TPW) is set to raise $40 million.
01 Jul 2020 - The ASX looks set to start the new financial year by opening lower. For the year to date, the S&P/ASX 200 Index is still down 10.7%, that’s its worst 12 months since the global financial crisis. In the US, Fed Reserve chairman Jerome Powell reiterated overnight that the future of the economy is “highly uncertain”. The Dow Jones meanwhile just wrapped up its best quarter since 1987. AMP (ASX:AMP) has today completed the sale of...
30 Jun 2020 - It has been a positive day of trade for the ASX for the end of financial year. The local bourse managed to close 1.4% higher. Shares in Collins Foods (ASX:CKF) are on the up after releasing their year results showing revenue is up 8.9 per cent to $981.7m. Jumbo Interactive (ASX:JIN) shares also dipped today despite extending its partnership with Tabcorp yesterday for an extra ten years.