21 Aug 2020 - After a strong start, the ASX slumped mid-session and tracked sideways for most of the afternoon to finish the day 0.1 per cent lower. Suncorp (ASX:SUN) jumped over 11 per cent today, as investors responded to its annual results, and its new climate-change commitments.
21 Aug 2020 - The Australian share market opened higher following positive leads from US equity markets and is now tracking flat at noon. Most of the sectors are in the green, with Real Estate Investment Trusts leading the charge. Pathology and imaging healthcare company, Healius (ASX:HLS) has reported underlying net profit after tax from continuing operations was $55.4 million for the year ended 30 June 2020.
21 Aug 2020 - The Australian share market looks set to shake off weak US jobs data to rise at the open, boosted by strong performances for US tech stocks. Figures released overnight show that the number of Americans who filed a claim for unemployment last week rose unexpectedly to approx. 1.4 million. Coles Group (ASX:COL) announced that its wholly owned subsidiary, Coles Group Treasury has re-entered the Australian debt capital markets.
20 Aug 2020 - The Australian share market dropped at the open closing 0.8 per cent down at the end of trade. Sequoia Financial Group (ASX:SEQ) reports a successful FY20 financial performance. The company significantly improved EBITDA of $4.8m, accelerating 2H20 momentum, with EBITDA of $3.4m.
20 Aug 2020 - The Australian share market opened lower this morning and is now trading 1 per cent down at noon. Qantas (ASX:QAN) profit has plunged 91 per cent, posting a $2.7b drop. Wesfarmers (ASX:WES) reports their profit is down 69 per cent. Ainsworth Gaming (ASX:AGI) won't pay dividend.
20 Aug 2020 - The ASX looks set to open slightly lower this morning as the US warns of a difficult economic recovery. Despite the S&P 500 hitting a new high for the second-straight session, and the Nasdaq hitting a new record for the third day in a row, Wall Street closed lower in the end. Genesis Energy (ASX:GNE) today announced EBITDAF for the year of $356 million, down 4% on FY19.
19 Aug 2020 - It has been a positive day of trade for the ASX, with the local bourse managing to close 0.7 per cent higher. Winners and losers of the day were WiseTech Global (ASX:ASX:WTC) and G8 Education (ASX:GEM). Resolute Mining (ASX:RSG) didn’t do so well due to the situation in Mali.
19 Aug 2020 - Things are currently looking bright on the Australian share market. It shot up at the open and is now tracking almost 1 per cent higher at noon. The tech sector is currently doing well as is healthcare. Wisetech Global (ASX:ASX:WTC) shares saw a huge leap this morning after reporting a almost 200 per cent rise in their NPAT over the year. Shares in Resolute Mining (ASX:RSG) didn’t fare so well.
19 Aug 2020 - The ASX looks set to open slightly lower this morning after US stock futures were flat in overnight trading. The S&P 500 hit its highest level ever, a huge come back after the coronavirus losses. The US reports that e-commerce sales grew more than 30% between the first and second quarter of 2020, that's according to the US Department of Commerce. Consumers spent $211.5 billion online during the second quarter. Michael Hill International (ASX:MHJ) profits...
18 Aug 2020 - The Australian share market rose at the open and closed 0.8 per cent higher. The Reserve Bank of Australia confirmed the economic downturn in Australia was the most severe in many decades, and staff estimates suggested a decline in GDP of around 7 per cent and a contraction in hours worked of around 10 per cent. That’s according to minutes released from the recent meeting.
