14 Dec 2020 - Australian shares are set to open flat after following a big week in which shares pushed higher by an iron ore surge but Wall Street see sawed. The S&P 500 fell on Friday, wrapping up a losing week, as the outlook for additional fiscal stimulus remains uncertain. Friday’s moves came as negotiations over a coronavirus relief deal dragged on.
11 Dec 2020 - The Aussie market punctuated the end of the week with a loss. After opening lower, the ASX200 lost ground early in the session and tracked sideways for most of the day to end 0.6 per cent lower. All of the sectors ended lower except Energy, Tech and Materials.
11 Dec 2020 - The Australian share market opened lower and continued this down trajectory for the first part of the session. Just over half of the sectors are trading lower this morning. Energy however, has managed to buck the trend, rising 1.7 per cent as the iron ore price edged higher. Nordgold has increased its takeover offer for Cardinal Resources (ASX:CDV). The all cash offer price under the unconditional on-market takeover offer has been increased from $1.00 to...
11 Dec 2020 - Aussie shares are set for a dip at the open following a lacklustre finish on Wall Street. Shares in vacation rental online marketplace Airbnb more than doubled after listening on the Nasdaq last night. Meanwhile, iron ore continues to improve. CSL’s (ASX:CSL) Phase 1 Covid vaccine trial with the University of Queensland will not progress to Phase 2 after the drug caused participants to have “false positive” readings for HIV.
10 Dec 2020 - The ASX failed to gain momentum today closing 0.7% lower. Shares in Fortescue Metals Group (ASX:FMG) did well today after yesterday reporting their first ore at Eliwana Mine. Adbri (ASX:ABC) has made some changes to its leadership team.
10 Dec 2020 - The ASX dropped at the open and is now tracking 0.6% lower at noon. Shares in Perpetual did well today. Shares in Appen (ASX:APX) fell after the company slashed their full year earnings guidance. The 360 Capital Group (ASX:TGP) has purchased a 70% interest in Hotel Capital Partners.
10 Dec 2020 - The ASX looks set to open lower this morning as the US sees losses. Tech stocks took a hit. Yesterday, the World Gold Council said gold miners must rapidly switch to renewable electricity generation if the industry is to curb emissions sufficiently to align with the Paris Agreement. The Australian dollar jumped as high as US74.85 cents overnight – it’s now standing at 74.44 cents. Michael Hill (ASX:MHJ) report same store sales for the 22...
09 Dec 2020 - It has been a positive day of trade for the ASX, which closed 0.6% higher. Shares in Healius (ASAX:HLS) did well today after reporting its pathology business continued its strong revenue growth in October and November. Shares in Perseus Mining (ASX:PRU) didn’t perform so well today after a stellar day yesterday.
09 Dec 2020 - The ASX rose at the open and is now tracking 0.7% higher at noon. Shares in Healius (ASX:HLS) did well today after reporting its pathology business continued its strong revenue growth in October and November. Shares in EML Payments (ASX:EML) dropped. Real Estate Investment Trust only sector in the red.
09 Dec 2020 - The ASX looks set to open higher this morning as US markets see a boost due to promising vaccine news. Johnson & Johnson report they could get trial results of a single-dose Covid-19 vaccine earlier than expected. The UK has rolled out its first vaccine to the public, becoming the first country to inoculate people with a fully-tested jab. Washington H. Soul Pattinson and Company (ASX:SOL) yesterday sold 50 million fully paid ordinary shares in...
