12 Jan 2021 - The S&P/ASX 200 Index is 25 points up or 0.4% higher at 6,722. Futures are pointing to a rise of 21 points. Shares in Polynovo (ASX:PNV) have dropped over 12% despite reporting an increase in sales of 31% in the first half of the 2021 financial year. The Information technology sector continues to fall.
12 Jan 2021 - The ASX looks set to open flat this morning as Wall Street pulled back from their recent highs as vaccine hopes and a large stimulus package lost luster. The World Health Organisation has warned the new, more contagious mutated variants of the coronavirus are “highly problematic”. Over the weekend, the WHO was alerted of a new variant in Japan. Faith-based donation platform Pushpay Holdings (ASX:PPH) has appointed a new CEO.
11 Jan 2021 - The Australian sharemarket slid today closing 61 points down, or 0.9 per cent lower at 6,697. Shares in Resmed (ASX:RMD) did well today. Shares in Westgold Resources (ASX:WGX) dropped along with Perseus Mining (ASX:PRU). Mesoblast (ASX:MSB) reports that their rexlemestrocel-L drug has shown to be effective in a Phase 3 trial.
11 Jan 2021 - The Australian sharemarket opened lower this morning. The S&P/ASX 200 Index is 31 points down or 0.5 per cent lower at 6,727. Futures are pointing to a fall of 34 points. Strike Energy (ASX:STX) is pleased to announce the launch of Project Haber.
11 Jan 2021 - The ASX looks set to open higher this morning as the US is preparing for more stimulus measures to help combat economic hardship brought on due to the coronavirus pandemic. Gold prices tumbled on Friday as the US dollar rebounded sharply and US yields surged. Iraq raised pricing for all crude sales to Asia for February, after a similar move by Saudi Arabia, OPEC’s biggest producer. New Zealand retirement developer the Summerset Group (ASX:SNZ) reports...
08 Jan 2021 - The ASX200 opened lower but advanced over the session to end 0.7 per cent higher today. The index is sitting at a level we haven’t seen since late February 2020, before the impacts of Covid wreaked havoc on the market. Oil and gas explorer, FAR (ASX:FAR) has postponed its shareholder meeting which was scheduled to consider Woodside Energy’s offer to buy its interest in the RSSD project in Senegal. The postponement was made to allow...
08 Jan 2021 - The ASX200 opened lower but advanced over the session to end 0.7 per cent higher today. The index is sitting at a level we haven’t seen since late February 2020, before the impacts of Covid wreaked havoc on the market. Oil and gas explorer, FAR (ASX:FAR) has postponed its shareholder meeting which was scheduled to consider Woodside Energy’s offer to buy its interest in the RSSD project in Senegal. The postponement was made to allow...
08 Jan 2021 - The Australian share market opened slightly lower despite positive leads from Wall Street. It has managed to regain some ground though and is trading 0.4 per cent higher at noon. Tech stocks are leading the way this morning. The sector is up around 2 per cent.
08 Jan 2021 - Aussie shares are set to open higher, following news that President-elect Joe Biden has been certified the winner of the 2020 Presidential election by both the House and Senate. This occurred just hours after pro-Trump protesters stormed the US Capitol building. Speaker of the US House of Representatives Nancy Pelosi has joined the call to remove Trump from office, saying he “incited an armed insurrection against America”. This political upheaval hasn’t affected the market’s optimism...
07 Jan 2021 - It has been a terrific day of trade for the ASX. After opening modestly higher, the ASX200 shot up in the first 10 minutes of trade, then gained momentum at a steady pace to close 1.6% higher. The Energy and Materials sectors rallied over 4% and tech sunk over 3% today after the outcome of the Senate seats in Georgia was announced. The Democrats won both seats, securing the balance of power in the US...
