25 Sep 2020 - It has been a positive day of trade for the Australian share market. The ASX200 index rose in early trade, and tracked sideways for most of the day to close 1.5 per cent higher. Shares in the Big 4 banks jumped today on news that the Federal government is looking to ease responsible lending laws.
25 Sep 2020 - The Australian share market has advanced in early trade. All of the sectors are up, with Financials leading the charge following news that the Federal Government is looking to do a backflip and wind back responsible lending laws. BGH Capital’s subsidiary which is set to purchase Village Roadshow (ASX:VRL) may not have to pay the cinema uplift of $0.08 per share.
25 Sep 2020 - Australian shares are set for a modest rise at the open following wild swings on Wall Street overnight as investors weigh the odds of further potential government stimulus. US Federal Reserve Bank Chairman, Jerome Powell testified in a hearing before the Senate Banking Committee this week. He noted that as households chew through the remainder of their government stimulus and employment benefits there is a risk they will “have to cut back on spending and...
24 Sep 2020 - It has been a negative day of trade for the ASX. After a drop at the open, the local bourse closed 0.8% lower. Shares in Avita Therapeutics (ASX:AVH) fell over 7%, Ramelius Resources (ASX:RMS) followed close behind. As for the sectors today, they all closed in the red with industrials leading the pack. The Westpac Group (ASX:WBC) has reached an agreement with AUSTRAC and resolved to pay a $1.3 billion fine for breaching anti-laundering laws.
24 Sep 2020 - The ASX fell at the open and is now tracking 1.1% lower at noon. Westpac (ASX:WBC) shares were down this morning after agreeing to pay a $1.3 billion fine for its failure to adhere to money laundering laws. Shares in Challenger (ASX:CGF) rose today and shares in Avita Therapeutics (ASX:AVH) dropped. Altura Mining (ASX:AJM) is pleased to advise of continued production and shipping from the Altura Lithium Project.
24 Sep 2020 - The ASX looks set to drop this morning as the S&P 500, the Dow and the Nasdaq all closed lower. Tesla is suing the US government over the Trump administration’s tariffs on parts Tesla imports from China to manufacture its electric cars. NZ energy company Mercury (ASX:MCY) has revised its FY2021 EBITDAF guidance from $515m to $505m.
23 Sep 2020 - The ASX rose at the open and continued a steady pace higher throughout the trading day to close 2.4% higher. Shares in Flight Centre Travel Group (ASX:FLT) clawed their way higher today – perhaps because of the relaxing of some Queensland border restrictions. Shares in Ramelius Resources (ASX:RMS) closed over 7% lower. The Supreme Court of WA has today made orders approving OZ Minerals (ASX:OZL) to acquire 100% of the shares in Cassini Resources.
23 Sep 2020 - The ASX rose at the open and is now tracking 1.8% higher at noon. Shares in Nufarm (ASX:NUF) have risen today despite reporting a statutory net loss after tax of $456 million. Meanwhile, shares in Virgin Money UK (ASX:VUK) continue to fall. Novonix (ASX:NVX) announces a new CEO and CFO.
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...
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.