08 Dec 2020 - The ASX managed to close 0.2% higher. Shares in Link Administration Holdings (ASX:LNK) were the best today after they received a proposal from NASDAQ listed SS&C Technology Holdings. Shares in ZIP Co (ASX:Z1P) took a hit today. We had a couple of IPO’s today that didn’t fare so well. Adairs (ASX:ADH) boost their guidance after strong sales expectations.
08 Dec 2020 - The ASX is now tracking 0.3% higher at noon. Shares in Link Administration Holdings (ASX:LNK) shot up today after they received a conditional, nonbinding indicative proposal from NASDAQ-listed SS&C Technology Holdings. Shares in G8 Education (ASX:GEM) have dropped today.
08 Dec 2020 -The ASX looks set to open lower despite the NASDAQ hitting an all-time high. The iron ore price continues to rise. The Australian dollar is trading over US74¢, after hitting a high of US74.53¢ overnight, a level not seen since August 2018. And China’s exports in November rose 21.1% year on year, the fastest growth since February 2018. Air New Zealand (ASX:AIZ) has hired its next Chief People Officer.
07 Dec 2020 - The local sharemarket has advanced for its fifth straight session as strong iron ore prices lifted the mining sector and Metcash jumped by over 10 per cent on strong first half results. The S&P/ASX200 rose 41 points or 0.6 per cent to 6675.
07 Dec 2020 - The local sharemarket has pulled back slightly but is still higher on the back of rising iron ore prices and record highs on Wall Street. The S&P/ASX200 is up 44 points or 0.7 per cent to 6678. Futures are pointing to a gain of 38 points.
07 Dec 2020 - The ASX looks set to open higher this morning as iron ore sees further gains. New York was up. British negotiators yesterday arrived in Brussels for a last-ditch attempt to strike a Brexit trade deal with the European Union. People in Victoria are now no longer required to wear masks unless they cant physically distance as restrictions ease across the state. And Infratil (ASX:IFT) is to undertake a strategic review of its shareholding in Tilt...
04 Dec 2020 - The ASX200 gained momentum throughout the day to close 0.3% higher, with investors choosing to pick up banks and energy stocks ahead of the weekend. That marks the fifth week of gains for the index. At the closing bell the S&P/ASX 200 index closed 19 points higher to finish at 6,634. Over the week, the market has gained 33 points or 0.5%.
04 Dec 2020 - The Australian share market opened slightly lower despite positive leads from Wall Street, but quickly changed direction and has gained 0.3 per cent over the morning. Almost all of the sectors are up this morning, with Financials leading the charge. Australian medical cannabis stocks are trading higher at the end of the week, after the United s Nations reclassified cannabis as a less dangerous drug yesterday. Cannabis is now considered a Schedule I drug– that’s...
04 Dec 2020 - The Australian futures market is indicating a rise at the open, following fresh all-time highs for the S&P 500, the Dow Jones Industrial Average and the Nasdaq during trade. The highs came on the back of hopes that the Democrats and Republicans are moving closer to agreeing a pandemic stimulus package. US stocks retreated from the record highs at the end of the session after a Dow Jones report raised concern that the Covid vaccine...
03 Dec 2020 - The Australian share market rose at the open, saw a dip at lunchtime trade and closed 0.8% higher. The iron ore price pushed shares in Fortescue Metal (ASX:FMG) higher, while shares in Mesoblast (ASX:MSB) dipped.
