27 Nov 2020 - After opening modestly lower, the ASX200 lost ground throughout the day to close 0.5 per cent lower. All of the sectors ended in the red, except Real Estate Investment Trusts. Australia’s wine industry was dealt a blow today. The Chinese Government announced new tariffs-like deposits of up to 200 per cent on all Australian wine imports from tomorrow. Treasury Wine Estates (ASX:TWE) requested a trading halt this afternoon after its shares plunged on the back...
27 Nov 2020 - The Australian share market opened slightly lower and has made a modest decline in the first 2 hours of trade. Energy stocks are dragging on the market. Most of the sectors are trading in the red. Shares in Bega Cheese (ASX:BGA) have rallied this morning, after it successfully raised $284 million, via the institutional component of its 1 to 4.5 pro rata entitlement offer, and its underwritten institutional placement.
27 Nov 2020 - Australian shares are set to open slightly lower, following a quiet night of international trade due to the closure of US markets for the Thanksgiving holiday and UK markets ending relatively flat. The Federal Court of Australia will hold a second hearing at 11am today, for the proposed scheme of arrangement between logistics software company GetSwift (ASX:GSW) and its shareholders.
26 Nov 2020 - The ASX opened lower this morning and failure to gain moment closing 0.7% lower. Technology One Limited (ASX:TNE) was the best performing stock. Meanwhile, shares in Virgin Money UK (ASX:VUK) have dropped over 11 per cent after the withdrawal of financial targets planned for 2022.
26 Nov 2020 - The ASX opened lower and is now tracking 0.1% lower at noon. Harvey Norman (ASX:HVN) shares have shot up after reporting a 160.1% increase in profit before tax between July 1 and October 31. Meanwhile, shares in Virgin Money UK (ASX:VUK) have dropped after they withdrew their finance year 2022 targets.
26 Nov 2020 - The ASX looks set to open lower this morning as the global rally slows. Vaccine hopes had bolstered markets over the past week. More than 60 million cases of coronavirus have been recorded worldwide since the pandemic began — with 30,000 more expected to die in the US by Christmas. Oil prices lifted overnight against a weakening US dollar and a surprise decline in US crude stocks. Jumbo Interactive (ASX:JIN) secures gambling commission software...
25 Nov 2020 - The ASX pulled back on some of its Covid losses and managed to close 0.6% higher. Shares in Whitehaven Coal (ASX:WHC) went up over 10% today. Zip Co (ASX:Z1P) shares fell lower. As for the sectors, Energy led the day and Infotech fell lower.
25 Nov 2020 - The ASX rose at the open and is now tracking 0.8% higher at noon. Shares in Whitehaven Coal (ASX:WHC) are doing well today meanwhile shares in Mesoblast (ASX:MSB) have dropped over 5% after a rally earlier this week. Harvey Norman (ASX:HVN) has reported a 160.1% increase in profit before tax between July 1 and October 31.
25 Nov 2020 -The ASX looks set to open higher this morning as the Dow rallied yesterday hitting a record high at 30,000 points. Oil has surged to an eight-month high overnight. Tesla shares closed up after the company surpassed a $500 billion market cap yesterday. Fisher & Paykel Healthcare Corporation Limited (ASX:FPH) today announced its results for the first half of the 2021 financial year, reporting net profit after tax was up 86%.
24 Nov 2020 - It has been a positive day of trade for the Australian share market. The local bourse managed to close 1.3% higher. News of a third potential Covid vaccine boosted markets, with all the sectors ending the day in the green. Cardinal Resources Limited (ASX:CDV) has received an unsolicited conditional off-market takeover offer at A$1.05 cash per share from Engineers & Planners Company.