17 Dec 2020 - The ASX opened higher this morning with the S&P/ASX 200 Index 45 point higher or 0.7% higher at 6724. Futures are pointing to a rise of 42 points. Freedom Foods Group (ASX:FNP) is to sell its cereal and snacks operations to The Arnott’s Group.
17 Dec 2020 - The ASX looks set to open higher this morning as the US raises its economic outlook slightly. Negotiators in the US Congress are close to agreeing a US$900 billion Covid-19 stimulus bill. Australia launched a formal appeal to the World Trade Organization looking for a review of China's decision to impose large tariffs on imports of Australian barley. And Bitcoin is back in the news as it breaks above US$20,000 for the first time in...
16 Dec 2020 - The sharemarket has had a good session today. The S&P/ASX200 rose 48 points or 0.7 per cent higher to 6,679.Shares in Resolute Mining (ASX:RSG) did well today after announcing the sale of the Bibiani Gold Mine for US$105 million in cash. Shares in Service Stream (ASX:SSM) fell today after announcing they have just secured a significant long-term agreement with the nbn.
16 Dec 2020 - The ASX opened higher this morning with the S&P/ASX 200 Index 75 points up or 1.1% higher at 6,707. Shares in Service Stream (ASX:SSM) are falling today despite announcing they have just secured a significant long-term agreement with the nbn. Shares in Perseus Mining (ASX:PRU) are currently performing the best.
16 Dec 2020 - The ASX looks set to rise this morning as US stocks were boosted by a push for a fresh stimulus package. Yesterday, US Congress moved towards a federal spending package that would boost the economy. Apple shares surged by up to 4%. The AUD is on the up this morning, trading at over US75 cents. Openpay Group (ASX:OPY) reports it has had its best ever month of trading.
15 Dec 2020 - The local sharemarket ended lower today after failing to gain momentum after a drop at the open. Shares in Reliance Worldwide Corporation (ASX:RWC) are doing well today meanwhile, shares in Mesoblast (ASX:MSB) dropped over 15%. DWS Limited (ASX:DWS) says FIRB has confirmed to HCL that the Treasurer has no objection to the proposed acquisition.
15 Dec 2020 - The ASX opened lower this morning with the S&P/ASX 200 Index 11 points down or 0.2% lower. Shares in Xero (ASX:XRO) did well today meanwhile shares in Mesoblast (ASX:MSB) didn’t do so well after releasing a report that its cell therapy treatment didn’t quite make expectations in its phase three trials. ACCC alleges unconscionable, misleading conduct from the Retail Food Group.
15 Dec 2020 - The ASX looks set to open higher this morning. US stocks fell for a fourth day as Covid-19 continues to rage across the country threatening harsher restrictions. Three million doses of Pfizer’s Covid-19 vaccine has been sent out for immediate distribution. And London has moved into top tier of restrictions as UK identifies new Covid variant. The Australian dollar had risen slightly to 75.3 US cents. BCI Minerals (ASX:BCI) has been granted approval from the...
14 Dec 2020 - The local sharemarket has started the week on a positive note despite weak leads from Wall Street. The S&P/ASX200 rose 18 points or 0.3 per cent to 6660. Wesfarmers shares have added 2.8 per cent today to hit a record high of $50.985. Afterpay shares rose 8.8 per cent to a record high of $109.93 amid optimism about its partnership and as the stock closes in on its entry into the ASX20.
14 Dec 2020 -The S&P/ASX 200 Index is up 0.5 OR 32 points at 6674 Futures are pointing to a rise of 47 points. per cent at points following the first two hours of trade. Tech is leading the way with Afterpay shares reaching an intraday record of $106 ahead of the company’s entry into the ASX20
