22 Dec 2020 - The ASX200 opened slightly higher and dropped throughout the day to end 1.1 per cent lower. All of the sectors ended lower except Health Care and Real Estate. Sandfire Resources (ASX:SFR) has completed its largest-ever single shipment of copper concentrate from its DeGrussa operations in Western Australia.
22 Dec 2020 - The Australian share market opened higher but slumped in the first 2 hours of trade following mixed leads from Wall Street. All of the sectors are down, except Real Estate Investment Trusts. MyDeal.com.au (ASX:MYD) has appointed Lachlan Freeman as Chief Financial Officer. Syrah Resources (ASX:SYR) has signed an agreement with Solar Century Africa to progress a solar and battery storage hybrid power system.
22 Dec 2020 - Aussie futures are pointing to a fall at the open despite a late recovery on Wall Street. News of the new highly infectious Covid virus variant in the UK had the S&P 500 on track for its worse daily loss in a month, overshadowing optimism over US lawmakers finally agreeing on a stimulus deal. US indices managed to stage a recovery later in the session and unwind many of their losses as banks rallied on...
21 Dec 2020 - The local sharemarket ended lower today after failing to gain momentum after a drop at the open. Shares in Fortescue Metals Group (ASX:FMG) did well today. Shares in Synlait Milk (ASX:SM1) dropped after they revised their profit expectations. Star Entertainment Group (ASX:SGR) will re-impose capacity limits at its Sydney casino due to the Covid outbreak.
21 Dec 2020 - The ASX opened lower this morning with the S&P/ASX 200 Index 26 points down or 0.4% lower at 6,650. Shares in online retailer Kogan.com (ASX:KGN) are doing well today. Shares in Wisetech Global (ASX:WTC) have seen a drop of over 9%. The Federal Minister for Health today announced that private health insurance premiums will change across the industry, effective 1 April 2021.
21 Dec 2020 - The ASX looks set to open lower this morning as the new coronavirus outbreak has led to border restrictions with all states and territories closing their borders to NSW. European countries have closed their borders to the UK and the US is also coping with a second wave. Iron ore is on the up and the AUD is standing at almost US$0.76. Synlait Milk (ASX:SM1) has updated its full year 2021 guidance.
18 Dec 2020 - Despite ending the last session of the week lower, it has been a positive week overall for the Aussie share market. Information technology stocks led the gains this week, with the sector gaining almost 6 per cent. Shares in A2Milk Company (ASX:A2M) dropped over 20 per cent this afternoon, after the company released a guidance update, showing that its sales performance recovery was occurring slower than expected, due to the impact of Covid 19 and...
18 Dec 2020 - The Australian share market opened slightly higher following positive leads from US markets. It’s down after 2 hours of trade, dragged lower by the banks. The S&P/ASX 200 index is 45 points down or 0.7 per cent lower at 6,712. On the futures market the SPI is 53 points higher. AGL (ASX:AGL) says that Unit 3 of its Liddell Power Station is out of service following a transformer incident that “seriously injured” a worker.
18 Dec 2020 - Aussie shares are set for a flat start despite US stocks edging to record highs overnight. US jobless claims came in higher than expected, however investors took this in their stride. The market seems to assume that the unexpectedly high jobless claims may force the 2 major political parties into finally agreeing on a Covid stimulus deal which would bolster the market.
17 Dec 2020 - It was a positive day of trade for the ASX. It continued to climb throughout the day, ending 1.2% higher. Shares in Netwealth (ASX:NWL) performed well today while Whitehaven Coal (ASX:WHL) did not fare well, despite upgrading its Winchester South Project metallurgical coal mine JORC Resource. All of the sectors closed in the black.
